Poet Technologies Announces US$25 Million Registered Direct Offering
POET Technologies Inc. (POET)
Company Research
Source: GlobeNewswire
TORONTO, Nov. 26, 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 registered direct offering pursuant to which the Corporation expects to issue 5,555,556 common shares (the "Common Shares") and warrants exercisable for 2,777,778 Common Shares (the "Warrant" and, together with the Common Shares, the "Offered Securities"). The combined price of one Common Share and the accompanying Warrant in respect of one-half Common Share will be US$4.50 (or approximately C$6.29), to raise aggregate gross proceeds to the Corporation of US$25,000,002 (the "Offering"). The Warrant will be exercisable at an exercise price of US$6.00 (or approximately C$8.39) per Common Share for a period of five years from the date
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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 Announces US$25 Million Offering Priced at a Premium to MarketGlobeNewswire
- 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
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