everstead law is delighted to extend its heartiest congratulations to MetaOptics Ltd on its successful initial public offering (IPO) and listing on the Catalist Board of the Singapore Exchange Securities Trading Limited (SGX-ST).

The world’s first pure-play metalens company to go public, this IPO not only marks an exciting chapter for MetaOptics but also a significant milestone for the optics industry and Singapore’s capital markets. Positioned at the intersection of photonics and nanofabrication, MetaOptics’ cutting-edge technology powers applications ranging from smartphones and AR/VR to LiDAR and head-up displays.

Based on the placement price of S$0.20 per share, the market capitalisation of MetaOptics was S$47.19 million. This has since gone up as MetaOptics’ share price rose as much as 25 per cent on its trading debut. 

everstead law was privileged to act as legal adviser to the Sponsor, Issue Manager and Placement Agent as to Singapore law for this landmark IPO, ZICO Capital. 

The everstead team was led by our Principal, Jeremiah Huang, and Associate, Loh Yu Tong.

We are immensely proud to have played a part in this journey and look forward to watching MetaOptics and ZICO Capital scale new heights.

For more information on this matter, please contact Jeremiah Huang or refer to the media’s widespread coverage.