Syntec Optics (Nasdaq: OPTX) Announces Closing of $20 Million Underwritten Public Offering of Common Stock
Syntec Optics Holdings, Inc. successfully closed a $20 million underwritten public offering of 2,857,142 common shares priced at $7.00 each. The company plans to use the proceeds to acquire or invest in complementary businesses, technologies, products or assets, as well as for working capital, capital expenditures, and to optimize its capital struc…