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IN BRIEF: Tekcapital says investee launches new eyewear line

ALN

Tekcapital PLC - London-based intellectual property investor - Reports investee company Innovative Eyewear Inc has launched a new eyewear line called Lucyd Lyte Fall '22. Says the product debut introduces four new designer smart frames and the new eyewear line. ‘The new Lucyd dock accessory can wirelessly charge all Lucyd Lyte models and up to three other USB-charged devices simultaneously, offering an organized and compact way to charge your go-to devices,’ it notes.

Chief Executive Officer Harrison Gross says: ‘Our mission at Lucyd has always strived to be the 'go-to upgrade' of your eyewear from sunglasses to prescription frames you wear all-day, everyday day. Simply put, the Lyte Fall '22 collection comprises our most advanced glasses yet. The new hinge design offers a sheerness that makes the frames almost indistinguishable from traditional designer eyewear.

Innovative Eyewear is a developer and retailer of smart eyewear designed to allow the users to remain connected to their digital lives.

Current stock price: 29.90 pence, up 2.2% on Thursday

12-month change: up 30%

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