Value of the UConn Shares

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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Value of the UConn Shares

posted on May 29, 2014 03:43PM

Here's something new in the amended 20-F. Values are in US$

As part of a restructuring of the License Agreement entered into by the Company and UCONN, the Company agreed to issue 2,000,000 common shares to UCONN in exchange for a reduction in the royalty rate owed. The shares were valued at $0.79 per share or $1,580,000 in the aggregate.

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