SCT BluGlass executes $1m option shortfall agreement, plus potential extra $500,000

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SCT BluGlass executes $1m option shortfall agreement, plus potential extra $500,000

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BluGlass Ltd of Silverwater, Australia — which develops and manufactures gallium nitride (GaN) visible laser diodes based on its proprietary low-temperature, low-hydrogen remote-plasma chemical vapor deposition (RPCVD) technology — has secured a firm commitment of $1m, with the potential to be raised to $1.5m in total, following the execution of a shortall agreement in relation to options with an exercise price of $0.26 which expired on 31 May...

Source: https://www.semiconductor-today.com/new ... 0626.shtml
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