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: POET Sale of DenseLight Subsidiary to Close on or before November 8
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 Is anyone else having trouble with the math?  Is it just me or do these tranches add up to more than $26 million?

"Company has agreed to receive the total purchase price of US$26 million in three tranches, with the first being a payment of US$8 million on or before November 8, plus two additional installments of US$13 million on or before December 31, 2019 and another for US$5 million on or before May 31, 2020"

 

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