POET Technologies

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TORONTO, May 22, 2025 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Corporation") (TSXV: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, is pleased to announce that, further to its news release dated May 20, 2025, it has completed a non-brokered private placement with a single strategic investor pursuant to which the Corporation issued 6,000,000 common shares of the Corporation (the "Common Shares") and one common share purchase warrant of the Corporation (the "Warrant") exercisable until May 22, 2030, to acquire up to 6,000,000 Common Shares (the "Warrant Shares") at an exercise price of C$8.32 per Warrant Share, for aggregate gross proceeds of US$30,000,000 (the "Offering"). The combined price of one Common Share and the Warrant (in respect of one Common Share) was equal to US$5.00.» Mehr auf globenewswire.com

TORONTO, May 20, 2025 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Corporation") (TSXV: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, is pleased to announce that, further to its news release dated April 28, 2025, in response to significant interest from a strategic investor and to allow for a more timely execution, it proposes to amend the terms of its previously announced non-brokered public offering to, among other things, increase the offering size to US$30,000,000 and make certain ancillary revisions to the offering structure, which will now be conducted as a non-brokered private placement (as amended, the “Offering”). The Offering Price (as defined herein) remains unchanged and represents a premium to the prevailing market price of the Common Shares on the TSX Venture Exchange (the “Exchange”).» Mehr auf globenewswire.com