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The Darkpulse subsidiary Optilan is on the NYSE list

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LONDON, Jan. 6 () – Darkpulse-owned UK integrated telecommunications division Optilan is seeking listing on the New York Stock Exchange in mid-2022, Darkpulse said Thursday.

Infrastructure solutions firm Darkpulse Optilan in the United States plans to register 20 percent of its shares in the NYSE and retain 80 percent of the firm’s ownership. It has no plans to cancel or otherwise withdraw its majority stake, the company said in a statement.

Coventry-based Optilan said it will remain a Darkpulse subsidiary after the initial public offering, with plans to expand its markets, review procurement and grow in the area of ​​infrastructure technology (“infratech”).

Darkpulse Chairman and CEO Dennis O’Leary: “I think the IPO will be the biggest opportunity for Optilan to develop the infratech category, serve customers, learn its own acquisition strategy and continue to build the best team.” .

Optilan offers infratech consulting services, while Darkpulse focuses mainly on smart infrastructure. The number of shares and the offer price have not yet been decided, according to a company statement.

In September 2021, Optilan appointed Kari Williams, former vice president of Rolls Royce, as director of sales and marketing to expand the executive management team. In October, Darkpulse announced that members of its executive team had been appointed to Optilan’s board of directors and that O’Leary was chairman of the board. (Interview with Emma-Victoria Farr; edited by Mark Porter)

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