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

Free
Message: Aug 30 mgmt circular

Been thinking about that. Once the buyer has signed off would POET signoff with the only condition being shareholder approval?

As Per POETs NR re the postponing of the AGM so that POET shareholders can vote on the offer:

This would allow us to include in the management information circular an agreement signed by both parties that is contingent solely on approval by Poet's shareholders.

So my question is would POET issue news once the deal is signed or would the buyer stipulate a condition that does not allow the news to come out until required to meet regulatory requirements (the information circular).

In other words would the buyer remain concerned that there could be competing offers even in a short time frame left for the vote? I believe POET very much wants this deal with this  buyer as they appear to  be very much aligned on the advancement of POET optical engines with the buyer planning on spending a great deal of money to  enable a production ramp  up.

Share
New Message
Please login to post a reply