MetaOptics Unveils Essential Guide for Converting Shares to ADS on OTCQX
MetaOptics Ltd's ADR Programme Overview
On November 2, 2026, MetaOptics Ltd (Catalist: 9MT, OTCQX: MOTLY) announced important details regarding its American Depositary Receipts (ADR) program aimed at facilitating the conversion of shares for investors in the United States. This initiative falls under the broader company strategy to enhance international investor outreach while accommodating the needs of U.S.-based stakeholders. The ADR program, previously outlined in a press release dated September 25, 2026, enables American Depositary Shares (ADSs) to be traded seamlessly on the OTCQX platform.
Objective of the ADR Program
In the context of ongoing expansion into the U.S. market, MetaOptics views the ADR program as a crucial step to broaden its investor base, especially amid its upcoming commercialization phases. The company is confident that increased access to U.S. investors will significantly contribute to its growth trajectory. Moreover, this initiative allows Singaporean shareholders the convenience of trading their shares around the clock via the OTCQX while still maintaining a presence on the SGX Stock Exchange.
Step-by-Step Share Conversion Process
To aid shareholders in converting their existing shares listed on the SGX Catalist to ADSs, MetaOptics has outlined a step-by-step process:
1. Open a U.S. Securities Trading Account: Shareholders must first set up a U.S. trading account with a broker that can accept ADSs through the Depository Trust Company (DTC) system. Recommended brokers include Interactive Brokers (IBKR) and E*TRADE.
2. Instruct Your Singapore Broker: After establishing the U.S. account, shareholders should instruct their Singapore-based brokers to manage the ADS conversion on their behalf.
3. Complete the ADS Issuance Request Form: The Singapore broker will be responsible for filling out the ADS issuance request form, referred to as the Letter of Transmittal, which must be signed on behalf of the shareholder.
4. Provide U.S. Trading Account Details: Include the details of the newly opened U.S. trading account in the Letter of Transmittal to ensure accurate delivery of the ADSs once issued.
5. Transfer of Existing Shares: Upon successful completion of all required documentation, the Singapore broker will facilitate the transfer of existing shares from the CDP to the designated custody account held by J.P. Morgan, the depositary bank for the ADR program.
6. Issuance and Delivery of ADSs: Once shares are deposited into J.P. Morgan's account, the corresponding ADSs will be issued and delivered to the shareholder's U.S. trading account via the DTC system.
Additional Information and Assistance
Shareholders are encouraged to engage directly with their Singapore brokers to initiate this conversion process. For those desiring further details about the conversion process or ADS issuance on OTCQX, additional resources can be found at adr.com. J.P. Morgan's Settlement and Operations team is also available to provide assistance and can be reached via email for further inquiries.
About MetaOptics Ltd
MetaOptics Ltd is a pioneering semiconductor optics company based in Singapore, specializing in innovative glass-based metalens solutions enhanced by AI-driven image processing. Leveraging advanced optical design and a scalable 12-inch DUV lithography process, the company's products cater to next-generation applications across diverse sectors, including mobile, automotive, and augmented reality. MetaOptics aims to provide high-performance optics that meet the stringent demands of leading technology brands, continuously pushing the boundaries of optical capabilities in modern applications. Learn more at www.metaoptics.sg.
On November 2, 2026, MetaOptics Ltd (Catalist: 9MT, OTCQX: MOTLY) announced important details regarding its American Depositary Receipts (ADR) program aimed at facilitating the conversion of shares for investors in the United States. This initiative falls under the broader company strategy to enhance international investor outreach while accommodating the needs of U.S.-based stakeholders. The ADR program, previously outlined in a press release dated September 25, 2026, enables American Depositary Shares (ADSs) to be traded seamlessly on the OTCQX platform.
Objective of the ADR Program
In the context of ongoing expansion into the U.S. market, MetaOptics views the ADR program as a crucial step to broaden its investor base, especially amid its upcoming commercialization phases. The company is confident that increased access to U.S. investors will significantly contribute to its growth trajectory. Moreover, this initiative allows Singaporean shareholders the convenience of trading their shares around the clock via the OTCQX while still maintaining a presence on the SGX Stock Exchange.
Step-by-Step Share Conversion Process
To aid shareholders in converting their existing shares listed on the SGX Catalist to ADSs, MetaOptics has outlined a step-by-step process:
1. Open a U.S. Securities Trading Account: Shareholders must first set up a U.S. trading account with a broker that can accept ADSs through the Depository Trust Company (DTC) system. Recommended brokers include Interactive Brokers (IBKR) and E*TRADE.
2. Instruct Your Singapore Broker: After establishing the U.S. account, shareholders should instruct their Singapore-based brokers to manage the ADS conversion on their behalf.
3. Complete the ADS Issuance Request Form: The Singapore broker will be responsible for filling out the ADS issuance request form, referred to as the Letter of Transmittal, which must be signed on behalf of the shareholder.
4. Provide U.S. Trading Account Details: Include the details of the newly opened U.S. trading account in the Letter of Transmittal to ensure accurate delivery of the ADSs once issued.
5. Transfer of Existing Shares: Upon successful completion of all required documentation, the Singapore broker will facilitate the transfer of existing shares from the CDP to the designated custody account held by J.P. Morgan, the depositary bank for the ADR program.
6. Issuance and Delivery of ADSs: Once shares are deposited into J.P. Morgan's account, the corresponding ADSs will be issued and delivered to the shareholder's U.S. trading account via the DTC system.
Additional Information and Assistance
Shareholders are encouraged to engage directly with their Singapore brokers to initiate this conversion process. For those desiring further details about the conversion process or ADS issuance on OTCQX, additional resources can be found at adr.com. J.P. Morgan's Settlement and Operations team is also available to provide assistance and can be reached via email for further inquiries.
About MetaOptics Ltd
MetaOptics Ltd is a pioneering semiconductor optics company based in Singapore, specializing in innovative glass-based metalens solutions enhanced by AI-driven image processing. Leveraging advanced optical design and a scalable 12-inch DUV lithography process, the company's products cater to next-generation applications across diverse sectors, including mobile, automotive, and augmented reality. MetaOptics aims to provide high-performance optics that meet the stringent demands of leading technology brands, continuously pushing the boundaries of optical capabilities in modern applications. Learn more at www.metaoptics.sg.
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Topics Business Technology）
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