POET Technologies Announces US$25 Million Offering Priced at a Premium to Market
POET Technologies Inc. (POET)
Company Research
Source: GlobeNewswire
TORONTO, Dec. 12, 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, today announces its intention to complete a non-brokered public offering of 5,000,000 units of the Corporation (the "Units") at a price of US$5.00 (C$7.08) per Unit (the "Issue Price") for aggregate gross proceeds to the Corporation of US$25 million (the "Offering"). Each Unit will be comprised of one common share of the Corporation (each, a "Common Share") and one-half of one common share purchase warrant of the Corporation (each whole common share purchase warrant, a "Warrant"), with each Warrant being exercisable to acquire one Common Share at a price of US$6.00 (C$8.50) for a period of five years from the date of issuance. The Issue Price represents a premium over the c
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POET
News
- The Best AI Stock to Invest $500 in Right Now [Yahoo! Finance Canada]Yahoo! Finance Canada
- POET Technologies Announces US$25 Million Offering Priced at a Premium to Market [Yahoo! Finance]Yahoo! Finance
- POET Technologies Inc. (POET) Among the Best AI Stocks to Buy According to Reddit [Yahoo! Finance]Yahoo! Finance
- POET Technologies Announces Appointment of New Director [Canadian Business Journal (Canada)]Canadian Business Journal
- POET Technologies Announces Appointment of New Director [Yahoo! Finance]Yahoo! Finance
POET
Earnings
- 11/14/24 - Miss
POET
Sec Filings
- 12/12/24 - Form 6-K
- 12/6/24 - Form 6-K
- 12/4/24 - Form 6-K
- POET's page on the SEC website