MetaOptics Ltd said on Aug, 7 2026 that it has withdrawn its application to list American Depositary Shares on the Nasdaq Stock Market, citing geopolitical uncertainty, U.S. market volatility and heightened risks linked to recent swings in Asian small-cap listings.

The Cayman-incorporated optics and semiconductor specialist described the move as a temporary deferral rather than a shift in long-term strategy. MetaOptics will maintain its primary listing on the Singapore Exchange’s Catalist board under the ticker 9MT and does not expect the decision to materially affect its net tangible assets per share or earnings per share for the year ending Dec, 31 2026, aside from professional fees already incurred.

Despite pausing the dual-listing plan, MetaOptics said it remains well-capitalised and will prioritise converting customer leads into orders, delivering metalens equipment and expanding production capacity. The group also intends to deepen its U.S. footprint through subsidiary MetaOptics Inc., including installing a Direct Laser Writer at the University of Arizona’s Center of Semiconductor Manufacturing and setting up a 12-inch deep-ultraviolet immersion photolithography fabrication line in the United States.

The company indicated it may revisit an overseas dual listing when market conditions become more favourable.