Re: POET Technologies Announces "At-the-Market" Public Offering in the United States and Canada

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

Reply New Message

Prev Message Back To Forum Threaded View Next Message

dash8400

Rank: Treasurer [?]

Points: 12351 [?]

Votes: 284 Score: 2.5 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: POET Technologies Announces "At-the-Market" Public Offering in the United States and Canada

in response to

POET Technologies Announces "At-the-Market" Public Offering in the United States and Canada

nodrog16

posted on Jun 29, 2023 10:42PM

Thanks Nodrog, that's interesting news.

Don't believe I've heard of an ATM program, but at $4.75 US they could dilute us by 2.105M shares for $10M worth.

That's if the share price holds where it is....of course it could rise or fall, but I'm think $4.74 is now the base, or at least should be.

I think it's a short term bridge....I'm generally much more skeptical but they seem very close, so it might work.