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Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Message: Re: New Chapter
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Nov 30, 2019 09:40AM
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Nov 30, 2019 10:57AM

The Share Sale Agreement included an Earn-Out provision which provides for additional consideration in the amount of US$4 million to be paid to the Company in the event that the audited revenues of DenseLight for the year ending December 31, 2019 were at least US$9 million with gross margins comparable to prior periods. At the present time, the Company does not anticipate that DenseLight will meet this revenue target

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Nov 30, 2019 11:21AM
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