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0 -0.00137646249139708 -0.00419821059876118 -0.00382656572608397 -0.00715760495526491 -0.00221610461114932 -0.00688231245698552 -0.0302821748107364
Stock impact report

POET Technologies Announces Closing of US$150 Million Oversubscribed Registered Direct Offering of Common Shares

POET Technologies Inc. (POET) 
Company Research Source: GlobeNewswire
The offering was fully subscribed by two new fundamental investment managers. The Company’s pro-forma cash position is in excess of US$300 million immediately following the closing. TORONTO, Oct. 28, 2025 (GLOBE NEWSWIRE) -- POET Technologies Inc. (NASDAQ: POET) (the “Company”), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today announced the closing of its previously announced registered direct offering of 20,689,655 common shares , resulting in gross proceeds of approximately US$150 million, before deducting offering expenses. The closing of the offering occurred on October 28, 2025. Participants in the offering included two new fundamental investment managers. The Company intends to use the proceeds from this investment for corporate development, including targeted acquisitions, scaling up of R&D, acceleration of the light source busi Show less Read more
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