Once the deal is closed on 10th May. I think it is fair to say Poet will no longer be considered a pre-revenue company.
I except the revenue is small, but even so will this not materially change the way in which POET is valued? i.e P/E ratios can be applied.
In addition to this new valuation technique, it may be the case some potential investors will be freed from their corporate rules around investing in pre-revenue companies.
Not my area of speciality but interested in valuation techniques.
Best to all