POET Technologies Inc (POET) Announces 5M Unit Offering at $5/sh

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POET Technologies Announces US$25 Million Offering Priced at a Premium to Market

April 28, 2025 8:30 AM EDT

TORONTO, April 28, 2025 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Corporation") (TSXV: PTK; NASDAQ: POET), a leader in the design and implementation of highly-integrated optical engines and light sources for artificial intelligence networks today announces its intention to complete a non-brokered public offering of 5,000,000 units of the Corporation (the "Units") at a price of US$5.00 per Unit (the "Issue Price") for aggregate gross proceeds to the Corporation of US$25 million (the "Offering"). Each Unit will... More