Re: POET Closes Credit Facility with Espresso Capital Lender warrants: New deal

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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Shash

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Re: POET Closes Credit Facility with Espresso Capital Lender warrants: New deal

in response to

Re: POET Closes Credit Facility with Espresso Capital Lender warrants: New deal

andech1

posted on Apr 11, 2019 10:30AM

Have to agree with Andech on this one. The short term "use it or lose it" is preferable to the 48 month "never never land" scenario. The added dilution isn't being snuck in, the number of warrants was established with the first NR and that is unchanged. The smaller return to the company on 35 cents on a short term, I think, is offset by the inflationary influence and uncertainty built into the 50 cents on a longer 48 month term.