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
Message: What was the purpose of the $300 million shelf financing?
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Re: What was the purpose of the $300 million shelf financing?
Catch22, that has always been a risk. My thinking is they have a good product, but it required more time than they thought to get to meaningful commercialization. We'll see if they find a way to buy that time.