GT Advanced Technologies Inc fka GTAT

[MattySR]

Interesting tidbit from Lens' Semi annual report regarding their financing for Sapphire,

Companies will seize market opportunities, expand sapphire, 3D curved glass related R & D, design and manufacturing capability to meet the rapid growth in intelligent terminal product markets sapphire, 3D surface of the glass market demand, continue to maintain domestic smart terminal product protection glass industry lead. This non-public offering of stock issues has been China Securities Regulatory Commission accepted, and made the "China Securities Regulatory Commission administrative license application processing notice" [No. 152,168], the company will strive for the early completion of work on non-public offering of stock, and timely disclosure of progress Happening.

Bad translations all around, basically they are working on their non-public equity offering to finance a project to expand on their Sapphire production +3d curved glass production, and will disclose progress of it. I have been looking everywhere to find updates on this new non-public IPO. Will report back here if anything new comes up.


Oh and for the last time, blue synopsis is the horrible translation of Lens Technology.