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Smart Investors Daily
OL

NASDAQ · OLIT

OmniLit Acquisition Corp.

Financial Services · Shell Companies

$8.44

Up+$0.50 (+6.30%)

Updated Aug 14, 2026, 11:28 AM

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Market cap
51.82M
P/E ratio
0.26
Dividend yield
0.00%
52-week range
— – —
Volume
167.62K
Avg. volume
68.8K

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OLIT research

Overview

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Company profile

OmniLit Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on transactions with companies and/or assets within the photonics or optics, and related sectors. The company was incorporated in 2021 and is based in Miami Beach, Florida.

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GlobeNewswire Inc. · Nov 7, 2023

Correction: Syntec Optics, Inc., a Leading Advanced Manufacturing Company, Completes Business Combination with OmniLit (Nasdaq: OLIT) and will Commence Trading on Nasdaq Under Ticker Symbol “OPTX”

ROCHESTER, NEW YORK, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Syntec Optics, Inc., an industry leader in ultra-high precision optics and photonics, announced today that it completed its business combination with OmniLit Acquisition Corp. (“OLIT”) on November 7, 2023. The combined company will operate under the name Syntec Optics Holdings, Inc. (“Syntec” and the “Company”).

GlobeNewswire Inc. · Nov 7, 2023

Syntec Optics, Inc., a Leading Advanced Manufacturing Company, Completes Business Combination with OmniLit (Nasdaq:OLIT) and Will Commence Trading on Nasdaq Under Ticker Symbol “OPTX”

ROCHESTER, NEW YORK, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Syntec Optics, Inc., an industry leader in ultra-high precision optics and photonics, announced today that it completed its business combination with OmniLit Acquisition Corp. (“OLIT”) on November 7, 2023. The combined company will operate under the name Syntec Optics Holdings, Inc. (“Syntec” and the “Company”).

GlobeNewswire Inc. · Nov 7, 2023

Syntec Optics, Inc. Listing on Nasdaq via Merger with OmniLit (Nasdaq: OLIT) Announces NASDAQ Opening Bell Ringing to Celebrate

ROCHESTER, NEW YORK, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Syntec Optics, Inc., maker of the leading mission-critical optics and photonics, announced today that the company will ring the opening Nasdaq bell on Wednesday, November 8, 2023, to celebrate its initial listing. Anyone can tune in to watch the memorable experience on livestream, Nasdaq MarketSite Tower in Times Square, and participating TV networks around the globe.

GlobeNewswire Inc. · Oct 31, 2023

OmniLit Acquisition Corp. Shareholders Approve Syntec Optics Merger

MIAMI BEACH, FLORIDA, Oct. 31, 2023 (GLOBE NEWSWIRE) -- OmniLit Acquisition Corp. (“OLIT”) (Nasdaq: OLIT), a publicly traded special purpose acquisition company, today announced that its shareholders voted to approve the previously announced business combination with Syntec Optics, Inc. (“Syntec Optics”) at OLIT’s Annual meeting of shareholders held today, October 31, 2023 (the “Annual Meeting”).

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