POET Technologies Announces Closing of US$75 Million Investment to Accelerate Growth in AI Connectivity Solutions [Yahoo! Finance]
POET Technologies Inc. (POET)
Company Research
Source: Yahoo! Finance
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 that it has closed a non-brokered financing with a single institutional investor. The Corporation issued and sold 13,636,364 common shares of the Corporation (the “common shares”) and one common share purchase warrant of the Corporation (the “warrant”) in a private placement for gross proceeds of US$75,000,002 (the “ Investment ”), before deducting related expenses. A more detailed discussion of the terms of the Investment and the securities issued therein is included further below. This represents the largest single investment in POET's history. The Corporation intends to use the net proceeds from this investment for corporate development, including targeted acquisitions, scaling up of R&D, acceleration of the light source business, expanding operations and general working capital.
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POET
News
- POET Technologies (NasdaqCM:POET): Reassessing an 11.9x Price-to-Book Valuation After Recent Share Price Strength [Yahoo! Finance]Yahoo! Finance
- POET Technologies (NASDAQ:POET) was given a new $8.00 price target on by analysts at Northland Securities.MarketBeat
- POET Technologies: Caught Between Breakthrough And Losses [Seeking Alpha]Seeking Alpha
- Quantum Computing (QUBT) Is Up After Profit Return and POET Deal—Does Adoption Change the Trajectory? [Yahoo! Finance]Yahoo! Finance
- POET Technologies (NASDAQ:POET) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=POET&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street MarketBeat
POET
Earnings
- 11/13/25 - Miss
POET
Sec Filings
- 11/28/25 - Form F-3ASR
- 11/14/25 - Form 6-K
- 11/14/25 - Form 6-K
- POET's page on the SEC website