Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Message: buyout in shares vs cash

I believe what I/O is saying is;

Eg.

Say Apple is buying us, there stock is currently at $524.94 and the purchase price for each Poet share is $75.00

Instead of paying $75.00 cash for Poet, they'll offer (2 options)

- the value of Apple shares, say for every 7 Poet shares, you'll get 1 Apple share.

- Or a combination of shares and cash, eg. for every 10 shares of Poet, you get 1 Apple share + $22.50 per share

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