Poet Technologies Announces the Amendment and Acceleration of Warrants
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POET Technologies Inc. (POET)
Company Research
Source: GlobeNewswire
TORONTO, May 29, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Corporation") (TSXV: 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 artificial intelligence markets, is pleased to announce that, further to its news release dated March 22, 2024, it received approval today from the TSX Venture Exchange (the “Exchange”) to amend the terms of 539,318 common share purchase warrants of the Corporation (the "Amended Warrants") that were issued pursuant to a private placement that closed on December 2, 2022 (the "Private Placement"). The Amended Warrants are now exercisable to acquire one common share of the Corporation (each, a "Common Share") at an exercise price of C$1.80 per Common Share. In addition, as required by the policies of the Exchange, an acceleration clause was also added to the Amended Warrants such that, if for any 10 consecutiv
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News
- Here's Why It's Unlikely That POET Technologies Inc.'s (CVE:PTK) CEO Will See A Pay Rise This Year [Yahoo! Finance]Yahoo! Finance
- POET: Strengthened Capital Base And A Big Deal Win (Rating Upgrade) [Seeking Alpha]Seeking Alpha
- Poet Technologies Announces the Amendment and Acceleration of Warrants [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Poet Technologies Announces the Amendment and Acceleration of Warrants [Yahoo! Finance]Yahoo! Finance
- POET Technologies Reports First Quarter 2024 Financial Results [Financial Post (Toronto, Ontario, Canada)]Financial Post
POET
Earnings
- 11/14/23 - Miss
POET
Sec Filings
- 6/17/24 - Form 6-K
- 5/30/24 - Form 6-K
- 5/20/24 - Form 6-K
- POET's page on the SEC website