Funding
poLight Issues 945,647 New Shares as CTO Pierre Craen Exercises Options
By News Desk ·
Key takeaways
- poLight ASA issued 945,647 new shares after option holders exercised options at strike prices of NOK 3.20 to NOK 5.11.
- CTO Pierre Craen exercised 206,849 vested options and transferred rights to 150,000 shares for a joint sale.
- The company's share count stands at 215,894,193 after registration of the increase.
poLight ASA issued 945,647 new shares after option holders exercised the same number of options at strike prices of NOK 3.20 to NOK 5.11, the company said in a TradingView report on November 6, 2026. The company's share count stands at 215,894,193 after registration.
How the poLight Option Exercise Worked
Option holders exercised 945,647 options, and poLight will issue the same number of new shares. The release gives no prior-period comparison for the share count.
CTO Pierre Craen exercised 206,849 vested options. Craen also transferred rights to 150,000 new shares for a joint sale. The release does not state his net retained shares, the sale proceeds or the timing of the sale.
The issuance is tied to poLight's existing share-option program rather than a new operating or financial update. Registration of the share-capital increase and disclosure of the joint sale's completion would clarify the resulting share count and sale activity.
poLight's Earlier Funding Records
According to akta.pro company records, poLight has five funding rounds on record and total funding of $76.5 million. The most recent round was a post-IPO equity raise of $16.1 million in April 2025 led by Q Tech.
| Date | Round | Amount | Lead investor |
|---|---|---|---|
| 2025-04 | Post IPO equity | $16.1 million | Q Tech |
| 2016-08 | Series unknown | $19.5 million | Not stated (3 investors) |
| 2015-02 | Series unknown | $19 million | Not stated (5 investors) |
| 2011-07 | Series B | $18.5 million | Investinor |
poLight's Path to the November Issuance
On August 14, 2026, poLight exercised 1,762,900 share options, issuing new shares and raising share capital to NOK 8,597,941.84, TradingView reported. Primary insiders transferred rights to 1,109,586 of those new shares to DNB Carnegie for a joint sale.
On November 3, 2026, poLight announced a follow-on mass production purchase order of approximately NOK 0.75 million for its TLens product to a consumer OEM for an AR|MR application, with delivery expected in Q1 2027, TradingView reported.
On August 6, 2026, poLight presented Q2 2026 results with revenue of NOK 9.1 million, more than triple the NOK 3.0 million of the prior-year quarter, Investing.com reported. First-half 2026 revenue of NOK 20.6 million exceeded full-year 2025 sales of NOK 20.5 million.