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: ANADIGICS filed a 50 Mio$ Mixed Securities Shelf Offering 26 of August

So Anadigics did not issue the news about Poet. Possibly they are waiting for the announcement of this offering?

OK, ANAD needs some cash for their restructuring and ongoing projects (VCSELs), but possibly there is more behind that. NRE for PTK in form of participation? Consortium?

Please have a look at SEC:

The Registration Statement relates to the issuance and sale from time to time, pursuant to Rule 415 of the rules and regulations promulgated under the Securities Act of 1933, as amended (the “Act”), of the following securities with an aggregate initial offering price of up to $50,000,000, as shall be designated by the Company: (i) shares of common stock of the Company, par value $0.01 per share (the “Common Stock”), (ii) shares of preferred stock of the Company (the “Preferred Stock”), (iii) Convertible Senior Debt Securities of the Company, in one or more series (the “Senior Debt Securities”), which are to be issued under a senior indenture proposed to be executed between the Company and a trustee to be named (the “Trustee”) (the “Senior Indenture”), and (iv) Convertible Subordinated Debt Securities of the Company, in one or more series (the “Subordinated Debt Securities”), which are to be issued under a subordinated indenture proposed to be executed between the Company and the Trustee (the “Subordinated Indenture”). The Common Stock, the Preferred Stock, the Senior Debt Securities and the Subordinated Debt Securities are referred to collectively as the “Securities” and individually as a “Security.”

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