Agoracom: Small Cap Investment - POET Technologies Inc.

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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POETMMc

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Just in

posted on Jul 19, 2024 05:01PM

POET Technologies announces $10M registered direct offering

SA NewsToday, 4:59 PM

POET Technologies (NASDAQ:POET) on Friday said it has completed a registered direct offering with a single institutional investor, pursuant to which the corporation issued 3.33M common shares and warrants exercisable to acquire 3.33M common shares for aggregate gross proceeds of $10M.
The combined price of one common share and accompanying warrant in respect of one common share was $3.00. Each warrant is exercisable to acquire one common share at an exercise price of $4.00 per common share for a period of five years from the date of issuance.
The company intends to use the net proceeds for working capital and general corporate purposes.
Source: Press Release

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Jul 19, 2024 05:05PM

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Jul 19, 2024 05:14PM

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