Syntec Optics Inc. Joins Forces with Omnilit, Now Trading on NASDAQ Under Ticker Symbol ‘OLIT’ – A Major Milestone for the Advanced Manufacturing Industry

Syntec Optics, Inc. Completes Business Combination with OmniLit Acquisition Corp.

Rochester, New York, Nov. 07, 2023 (GLOBE NEWSWIRE)

Syntec Optics, Inc., a renowned industry leader in ultra-high precision optics and photonics, announced today the successful completion of its business combination with OmniLit Acquisition Corp. This significant milestone took place on November 7, 2023, marking a new chapter for the company and its stakeholders. The newly merged entity will be known as Syntec Optics Holdings, Inc., operating under the name Syntec.

Leading Innovation in Advanced Manufacturing

Syntec Optics, Inc. has built a reputation for excellence in advanced manufacturing, delivering cutting-edge solutions in optics and photonics. With a focus on ultra-high precision and quality, the company has established itself as a key player in the industry, driving innovation and pushing boundaries in technology and engineering.

The completion of the business combination with OmniLit Acquisition Corp. further solidifies Syntec’s position as a leader in the field. By joining forces with OLIT, Syntec gains access to new resources, capabilities, and opportunities for growth, strengthening its ability to deliver exceptional products and services to customers worldwide.

With a shared commitment to innovation and excellence, Syntec Optics Holdings, Inc. is poised to continue its legacy of success in the advanced manufacturing sector, setting new standards for quality, precision, and performance.

Impact on Individuals

For individuals, the completion of the business combination between Syntec Optics, Inc. and OmniLit Acquisition Corp. may bring about new opportunities for collaboration and innovation. As Syntec expands its capabilities and reaches new heights in advanced manufacturing, there may be potential for career growth, advancements in technology, and exciting developments in the field of optics and photonics.

Global Implications

On a global scale, the merger between Syntec Optics, Inc. and OmniLit Acquisition Corp. has the potential to drive significant advancements in advanced manufacturing and technology. With Syntec’s expertise and innovation combined with OLIT’s resources and strategic vision, the newly formed Syntec Optics Holdings, Inc. is well-positioned to make a lasting impact on the world stage, shaping the future of optics and photonics.

Conclusion

The completion of the business combination between Syntec Optics, Inc. and OmniLit Acquisition Corp. marks a pivotal moment in the company’s journey towards continued innovation and excellence in advanced manufacturing. As Syntec Optics Holdings, Inc., the newly merged entity is poised to lead the way in optics and photonics, delivering cutting-edge solutions and driving progress in the industry. With a focus on quality, precision, and performance, Syntec is set to shape the future of advanced manufacturing and make a lasting impact on individuals and the world at large.

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