Myrias Optics, Inc. announced that it will receive $3,504,308.40 in funding on September 27, 2023. The company will raise $3,038,190 pursuant to the exemption provided under Regulation D. The company will issue 540,000 series seed preferred shares at a price of $6.48946 per share in the transaction. The shares are convertible and non-redeemable.

The preferred shares will be convertible into common shares at a fixed price of their original issue price. The preferred shares have a par value of $0.0001 per share. The round will be raised at a post-money valuation of $3,504,308.40.