Q Technology Completes Acquisition of 32.97% Stake in Norwegian Firm poLight through Private Placement

Reuters
06-05
Q Technology Completes Acquisition of 32.97% Stake in Norwegian Firm poLight through Private Placement

Q Technology (Group) Company Limited has announced the completion of its participation in the private placement of poLight ASA, a Norwegian company listed on the Oslo Stock Exchange. According to the company, on 15 April 2025, Q Technology signed an Investment Agreement with poLight to subscribe for 63,743,112 placing shares at a price of NOK2.69 per share, amounting to approximately NOK171,469,000 (equivalent to approximately RMB121,721,000). The transaction was finalized on 4 June 2025, with the issued shares representing approximately 32.97% of poLight's enlarged total issued shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Q Technology (Group) Co. Ltd. published the original content used to generate this news brief on June 05, 2025, and is solely responsible for the information contained therein.

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