Agoracom: Small Cap Investment - POET Technologies Inc. - Offering Document

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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Offering Document - Cash Position

posted on Apr 29, 2024 12:28PM

y/e financials $3M cash
add $6.2M financing from Jan 25th
deduct $1M burn per month

From Offering Document....

"As at April 26, 2024, the Issuer has an existing working capital of $10,960,000 (US$8,000,000), with $13,152,000 (US$9,600,000) cash on hand. There are no finders’ fees or commissions associated with this Offering. Net of closing costs, the Issuer estimates that it will have $20,880,000 (US$15,240,000) of available funds determined as follow:"

So where did this extra cash come from? hmmmmmm

30 Recommendations

Re: Offering Document - Cash Position

walconst

Apr 29, 2024 12:39PM

Re: Offering Document - Cash Position

Switch

Apr 29, 2024 01:18PM

Re: Offering Document - Cash Position

walconst

Apr 29, 2024 01:51PM

Re: Offering Document - Cash Position