POET Completes Acquisition of Super Photonics Xiamen [Canadian Business Journal (Canada)]
POET Technologies Inc. (POET)
Company Research
Source: Canadian Business Journal
TORONTO, Dec. 31, 2024 (GLOBE NEWSWIRE) — POET Technologies Inc. (“CompanySPXSAICSananAcquisitionThe SPX operation complements the Company’s recently announced agreements with Globetronics Manufacturing Sdn. Bhd (“GMSBWOFE“We are delighted to have concluded the acquisition of the equity held by Sanan and the equipment formerly leased to SPX by Sanan in a manner that has maintained our good relationship,” commented Dr. Suresh Venkatesan, Chairman & Chief Executive Officer of POET. “We can now present one face to our customers in China, exercise full control over company operations, benefit from a consolidation of SPX financial results with POET, and fully implement our ‘China Plus One’ strategy.”The Acquisition was completed pursuant to the terms of an equity transfer agreement dated December 31, 2024, between the Company and Sanan (the “Equity Transfer Agreement“Common SharesConcurrently with the completion of the Acquisition, the Company has entered into an equipment purchase agreeme
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POET
News
- POET Completes Acquisition of Super Photonics Xiamen [Yahoo! Finance]Yahoo! Finance
- POET Completes Acquisition of Super Photonics XiamenGlobeNewswire
- POET Technologies Signs Manufacturing Agreement with Globetronics in Malaysia [Canadian Business Journal (Canada)]Canadian Business Journal
- POET Technologies signs manufacturing agreement with Globetronics in Malaysia [Seeking Alpha]Seeking Alpha
- POET Technologies Signs Manufacturing Agreement with Globetronics in MalaysiaGlobeNewswire
POET
Earnings
- 11/14/24 - Miss
POET
Sec Filings
- 1/3/25 - Form 6-K
- 12/31/24 - Form 6-K
- 12/27/24 - Form 6-K
- POET's page on the SEC website