POET Technologies Completes US$25 Million Registered Direct Offering
POET Technologies Inc. (POET)
Company Research
Source: GlobeNewswire
TORONTO, Dec. 03, 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 it has completed its previously announced registered direct offering with a single institutional investor that qualifies as an "accredited investor" under National Instrument 45-106 – Prospectus Exemptions of the Canadian Securities Administrators. The Corporation issued 5,555,556 common shares (the "Common Shares") and a warrant exercisable to acquire up to 2,777,778 Common Shares (the "Warrants") to the investor for aggregate gross proceeds of US$25,000,002 (the “Offering”). The combined price of one Common Share and accompanying Warrant in respect of one-half of one Common Share was US$4.50 (or approximately C$6.29). The exercise price of the W
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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