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Stock impact report

POET Augments Investor Outreach Efforts and Announces Management Role Change [Yahoo! Finance]

POET Technologies Inc. (POET) 
Company Research Source: Yahoo! Finance
developer of the POET Optical Interposer™ and Photonic Integrated Circuits (PICs) for the data center, telecommunication and AI markets, today announced that it has augmented its investor outreach through two new engagements with external service providers. It also announced a change in the role of Vivek Rajgarhia, the Company's President & General Manager. POET has retained Hybrid Financial Ltd. (“Hybrid”) to connect the Company to a select group of technology investors identified from a database of over 1,400 buy-side funds in the United States and 200 in Canada that hold shares in companies that are valued less than US$100 million, plus a larger number of broker-dealer firms and financial advisors. The agreement with Hybrid is for an initial period of 6-months starting April 1, 2024 (the “Initial Term”) and may be renewed automatically for successive 3-month periods thereafter. Hybrid will be paid a monthly fee of CAD$15,000, plus applicable taxes, during the Initial Term. Comm Show less Read more
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