MetaOptics Provides Guidance on the ADS Conversion and Issuance Process

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MetaOptics Ltd has outlined the steps for shareholders to convert their shares into ADSs under its OTCQX listing, aiming to enhance liquidity and improve accessibility to crypto markets. The process involves opening a U.S. securities account, notifying the Singapore-based broker, and transferring shares to a custodial account with J.P. Morgan. CFT compliance is emphasized throughout. Additional information is available on the investor relations website.
CoinDesk reports:

MetaOptics provides guidance on the ADS conversion and issuance process.

Singapore, November 2, 2026 /PRNewswire/ -- MetaOptics Ltd (Catalist: 9MT; OTCQX: MOTLY) (hereinafter referred to as "MetaOptics" or the "Company," together with its subsidiaries collectively referred to as the "Group") is a leading semiconductor optics company. The Company refers to its press release issued on September 25, 2026, regarding its establishment of a sponsored Level 1 ADR program (the "ADR Program"), pursuant to which American Depositary Shares (ADSs) will trade on OTCQX.

The company stated that the ADR program aims to expand the company’s reach to international investors and provide U.S. investors with a more convenient channel to access and trade the company’s securities, while offering U.S. investors a platform to directly participate in the company’s growth story. The company believes that enhancing accessibility for U.S. investors will be particularly relevant as it advances to the next stage of commercialization and development.

In addition, the ADR program will enable Singapore investors to trade the company’s shares around the clock through OTCQX and the company’s local listing on the Singapore Exchange. The company aims to provide shareholders with step-by-step guidance on how to convert their existing shares, currently traded on the Catalist of Singapore Exchange Securities Trading Limited, into ADSs tradable on the OTCQX platform. For frequently asked questions about the ADR program, please visit: https://metaoptics.sg/investor-relations/resources/investor-faqs.

To complete the conversion of existing shares and the issuance of ADSs, shareholders must complete the following procedures:

  • Open a U.S. Securities Account
    Shareholders must first open a U.S. securities account with a broker that can receive ADSs through the Depository Trust Company (DTC) system. Retail investors can contact brokers such as Interactive Brokers (IBKR) and E*TRADE.
  • Notify Singapore broker
    After opening a U.S. securities account, shareholders should instruct their broker in Singapore to act on their behalf in submitting the ADS issuance application.
  • Complete the ADS offering application documents
    Singaporean brokers must complete and sign the ADS issuance application form on behalf of shareholders, a document commonly known as the Letter of Transmittal.
  • Provide your U.S. Securities and Exchange account information.
    The shareholder's U.S. Securities and Exchange Commission account information must be included in the transfer letter to complete delivery after the ADS issuance.
  • Transfer base shares
    Upon completion of the documentation, the Singapore broker will arrange for the transfer of shareholders' existing shares from CDP to the custodial account designated by J.P. Morgan (the depositary bank for this ADR program).
  • ADS Issuance and Delivery
    Once the existing shares are successfully deposited into J.P. Morgan’s custodial account, J.P. Morgan will issue the corresponding ADSs and deliver them via the DTC system to the U.S. SEC account of the shareholder specified in the letter of transmittal.

Important information

The company recommends that shareholders contact their Singapore broker directly to initiate the conversion and ADS issuance process. Investors seeking further information about the conversion and/or ADS issuance on OTCQX may visit https://adr.com/ to review the relevant forms and instructions. J.P. Morgan’s settlement and operations team is also available to assist investors and/or their brokers at [email protected].

About MetaOptics Ltd

MetaOptics Ltd (Catalist: 9MT; OTCQX: MOTLY) is a cutting-edge semiconductor optics company pioneering metalens solutions based on glass and enhanced by AI-driven image processing. Leveraging advanced optical design and scalable 12-inch DUV lithography processes, the company enables next-generation applications for CPO, mobile devices, AR/VR, automotive, and other emerging markets. Headquartered in Singapore, MetaOptics is committed to delivering high-performance optical products that meet the reliability and scalability demands of today’s most innovative technology brands. For more information, visit www.metaoptics.sg.

Singapore (Headquarters)
MetaOptics Technologies Pte Ltd, 81 Ayer Rajah Crescent, #01-45, Singapore 139967

United States
MetaOptics Inc. (USA), 1 Ferry Building, Suite 201, San Francisco, CA 94111

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