POET Technologies Inc. V.PTK

New Press Release - POET Technologies Announces "At-the-Market" Public Offering in the United States and Canada

TORONTO, June 29, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company") (TSXV: PTK; NASDAQ: POET) is pleased to announce that it has entered into an equity distribution agreement dated June 29, 2023 (the "Equity Distribution Agreement") with Craig-Hallum Capital Group LLC...read article.

[lscfa]

Dumb move. Quipt just cancelled its ATM after bad market reaction.... https://www.globenewswire.com/en/news-release/2023/06/01/2680222/0/en/Quipt-Home-Medical-Announces-Termination-of-At-The-Market-Equity-Program.html  

[pennyflipping]

The original reason for the RS. Lol

[maestrodrumboe]

all ye baggers gather round..lo the Compny will be dumping Up to 30 Million shares at the market price,.incrimentally as they sea fit.. Unless Poet comes out with Large News,it will for Sure. contribute to agonising downward Pressure on the Market Price.but i suppose they don't have much choice when you are desperate.. Lets hope that the agreement with the Agent will set a minimum Sell limit

[maestrodrumboe]

Just look at the shiny side.. Now you can buy shares from the Company at The Market Price and your investment will go to a guud cause to help finance the Company..as the Agora Boys often like to  say ,"more money in the coffers for  the company"  the real beauty is,that you don't  even need to be an Accredited investor.. This type of financing is gaining

[lscfa]

I told you so. on June 30, 2023 lscfa wrote:      Dumb move. Quipt just cancelled its ATM after bad market reaction.... https://www.globenewswire.com/en/news-release/2023/06/01/2680222/0/en/Quipt-Home-Medical-Announces-Termination-of-At-The-Market-Equity-Program.html    

[lscfa]

Underwriter commission is maximum 3%.    "The Corporation may instruct the Agents not to sell Offered Shares if the sales cannot be effected at or above the price designated by the Corporation in a particular placement notice."  

[lscfa]

Placement Notice. Each time that the Corporation wishes to issue and sell Shares hereunder (each, a “Placement”), it will notify the Agent through which the Corporation wishes to issue and sell such Shares, as applicable, by telephone followed by e-mail notice (or other method mutually agreed to in writing by the parties) (a “Placement Notice”) containing the parameters within which the