POET Announces Closing of CAD$10 Million Non-brokered Financing with a Single Institutional Investor [Yahoo! Finance]
POET Technologies Inc. (POET)
Company Research
Source: Yahoo! Finance
TORONTO, May 03, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and AI markets, today announced the closing of its previously announced offering (the “Offering”) which was taken up entirely by a single institutional investor of CAD$10 million. No brokers or finders were engaged in this transaction. The Offering was conducted under the Canadian listed issuer financing exemption (LIFE) program. The Company sold 3,258,390 Units, consisting of 3,258,390 common shares of the Company and warrants to purchase up to 3,258,390 common shares of the Company at a combined price of CAD$3.069 per common share and accompanying warrant. Each warrant has an exercise price of CAD$4.26 per common share and is exercisable for five years from today's closing date. POET is currently experie
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POET
News
- POET Technologies Reports First Quarter 2024 Financial Results [Financial Post (Toronto, Ontario, Canada)]Financial Post
- POET Technologies Reports First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- POET Technologies Reports First Quarter 2024 Financial ResultsGlobeNewswire
- POET Announces Design Win and Collaboration with Foxconn Interconnect Technology for High-speed AI Systems [Financial Post (Toronto, Ontario, Canada)]Financial Post
- POET Announces Design Win and Collaboration with Foxconn Interconnect Technology for High-speed AI Systems [Yahoo! Finance]Yahoo! Finance
POET
Earnings
- 11/14/23 - Miss
POET
Sec Filings
- 5/16/24 - Form 6-K
- 5/16/24 - Form 6-K
- 5/14/24 - Form 6-K
- POET's page on the SEC website