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Stock impact report

Poet Technologies Announces US$25 Million Registered Direct Offering [Canadian Business Journal (Canada)]

POET Technologies Inc. (POET) 
TORONTO, Nov. 26, 2024 (GLOBE NEWSWIRE) — POET Technologies Inc. (“CorporationCommon SharesWarrantOffered SecuritiesOfferingThe Corporation anticipates using the net proceeds of the Offering for working capital related to its recently announced intention to expand assembly operations into Malaysia and for other corporate purposes. It is anticipated that the Offering will close on or about December 3, 2024.The Offering will be made by way of a prospectus supplement to the short form base shelf prospectus of the Corporation dated September 6, 2024 (the “Base Shelf ProspectusProspectus ExemptionsThe consummation of the Offering remains subject to the receipt of regulatory approvals, including the approval of the TSX Venture Exchange (the “This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration Show less Read more
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