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: After all these years

So did they buy in the market or exercise warrants? I beleive this was the placement they participated in but I am not certain.

2024-04-29 13:11 ET - News Release

 

Mr. Adrian Brijbassi reports

POET ANNOUNCES CAD$10 MILLION NON-BROKERED FINANCING

Poet Technologies Inc. is undertaking a non-brokered private placement of up to 3,258,390 units of the company at a price of $3.069 per unit for gross proceeds to the company of up to $10-million. The Offering has been structured to take advantage of the "listed issuer financing exemption" under applicable Canadian securities laws, whereby securities of the Company issued pursuant to the Offering will be freely tradeable equity securities not subject to any hold period (see below).

 

Each Unit will consist of one common share in the capital of the Company (a "Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant will entitle the holder thereof to purchase one Common Share of the Company (a "Warrant Share") for a period of 60 months following the closing date of the Offering at an exercise price of CAD$4.26 per Warrant Share. No brokers or finders were engaged in this transaction.

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