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: Re: The deal is done
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Jul 16, 2020 12:01PM
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Jul 16, 2020 12:13PM

So some speculation on my part. POET gets a better deal. I think  the deal with Sanan provided the  leverage  to negotiate. And  now clarifies the statement in thhe NR below when the delay was announced:

The Company is continuing to work closely with the Buyer to address the current challenges associated with the transfer of the final payment and remains confident the remaining balance and timing will be resolved in a mutually beneficial manner.

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