$8M Financing = CAPEX for expansion in Singapore Facility

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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POET 2020

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$8M Financing = CAPEX for expansion in Singapore Facility

posted on Mar 12, 2018 10:37AM

I see this as very positive.

The company needs to expand capacity in the Singapore facility. POET is entering a multi-billion dollar market and will need increased manufacturing capacity. This cash will also put any short-term liquidity concerns to rest.

With this $8M CAD and warrant money coming in, POET is now cashed-up and can prepare manufacturing readiness in a bigger way for the big blue ocean of opportunity coming our way.

Very short term SP hit with a long positive road ahead of us.

No doubt in my mind this moderate financing is the final financial preparation for commercialization.

The market will reset on the very short-term and climb from here.

And the shorts are not included in this "Bought Deal" .... like it a lot !!

POET 2018

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