Syntec Optics Holdings Files 8-K on Executive Changes
Ticker: OPTXW · Form: 8-K · Filed: Mar 26, 2025 · CIK: 1866816
Sentiment: neutral
Topics: corporate-governance, executive-changes, filing
Related Tickers: OPTX
TL;DR
Syntec Optics Holdings (OPTX) filed an 8-K on 3/26/25 covering exec changes & financials.
AI Summary
On March 26, 2025, Syntec Optics Holdings, Inc. filed an 8-K report detailing changes in its board of directors and executive officers. The filing also includes information on compensatory arrangements for certain officers and financial statements. The company, formerly known as OmniLit Acquisition Corp., is incorporated in Delaware and operates in the optical instruments and lenses sector.
Why It Matters
This filing provides insight into the corporate governance and executive structure of Syntec Optics Holdings, Inc., which could impact investor confidence and strategic direction.
Risk Assessment
Risk Level: low — The filing is a routine 8-K reporting executive and board changes, not indicating immediate financial distress or significant operational shifts.
Key Players & Entities
- Syntec Optics Holdings, Inc. (company) — Registrant
- OmniLit Acquisition Corp. (company) — Former company name
- March 26, 2025 (date) — Date of report
- March 21, 2025 (date) — Earliest event reported
- Delaware (jurisdiction) — State of incorporation
FAQ
What specific changes were made to the board of directors or executive officers?
The filing indicates changes in directors and officers, and details compensatory arrangements for certain officers, but the specific names and details of these changes are not provided in the provided text.
What is the primary business of Syntec Optics Holdings, Inc.?
Syntec Optics Holdings, Inc. operates in the sector of Optical Instruments & Lenses, with SIC code 3827.
When did Syntec Optics Holdings, Inc. change its name from OmniLit Acquisition Corp.?
The company changed its name from OmniLit Acquisition Corp. on June 10, 2021.
What is the fiscal year end for Syntec Optics Holdings, Inc.?
The fiscal year end for Syntec Optics Holdings, Inc. is December 31st.
What is the exercise price for the redeemable warrants mentioned in the filing?
The redeemable warrants are exercisable for common stock at an exercise price of $11.50 per share, subject to adjustment.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on March 26, 2025 regarding SYNTEC OPTICS HOLDINGS, INC. (OPTXW).