IPOS - OmniLit Acquisition Corp. Shareholders Approve Syntec Optics Merger | Benzinga
MIAMI BEACH, FLORIDA, Oct. 31, 2023 (GLOBE NEWSWIRE) -- OmniLit Acquisition Corp. ("OLIT") (NASDAQ:OLIT), a publicly traded special purpose acquisition company, today announced that its shareholders voted to approve the previously announced business combination with Syntec Optics, Inc. ("Syntec Optics") at OLIT's Annual meeting of shareholders held today, October 31, 2023 (the "Annual Meeting").
Over 99.9% of the votes cast at the Annual Meeting for the Business Combination Proposal were cast in favor. OLIT shareholders also voted to approve all other proposals presented at the Annual Meeting. OLIT plans to file the results of the Annual Meeting, as tabulated by the inspector of election, with the Securities and Exchange Commission (the "SEC") on a Form 8-K.
About Syntec Optics
Syntec Optics, headquartered in Rochester, NY, is one of the largest custom optics and photonics manufacturers in the United States. Operating for more than two decades, Syntec Optics runs a state-of-the-art manufacturing facility with extensive core capabilities of various optics manufacturing processes, both horizontally and vertically integrated, to provide a competitive advantage for OEM customers. Syntec Optics' mission is to provide a U.S.-based scalable platform of optics and photonics manufacturing that keeps American soldiers out of harm's way, offers doctors technologically advanced tools for patient care, and delivers photonics-enabled precision to consumer products and services. Syntec Optics recently launched new products including Low Earth Orbit satellite optics and light weight night vision goggle optics. To learn more, visit www.syntecoptics.com.
About OmniLit Acquisition Corp.
OmniLit Acquisition Corp. (OmniLit) is a blank check company concentrated on identifying high-quality businesses with optics and photonics capabilities for a business combination. To learn more, visit www.omnilitac.com.
Forward-Looking Statements
This press release contains certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended, including certain financial forecasts and projections. All statements other than statements of historical fact contained in this press release, including statements as to the ...