POET Technologies closes $400 million investment round
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POET Technologies Announces Closing of US$400 Million Investment
May 18, 2026 10:10 AM EDTTORONTO, May 18, 2026 (GLOBE NEWSWIRE) -- POET Technologies Inc. (NASDAQ: POET) (the Corporation), the designer and developer of Photonic Integrated Circuits (PICs), light sources and optical modules for the AI and data center markets, today announced it had closed its recently announced registered direct offering by issuing19,047,620 common shares (the Common Shares) and a warrant exercisable for 19,047,620 Common Shares (the Warrant and together with the Common Shares, the Offered Securities). The sale in a non-brokered offering to a single institutional investor raised gross proceeds of... More
