POET Technologies Ord Shs V.PTK

New Press Release - POET Technologies Announces US$10 Million Registered Direct Offering

TORONTO, July 19, 2024 (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...read article.

[lscfa]

Full warrant attached (not 1/2 like many co.s), 5 yr exercise period, no acceleration clause. Fire the finance dept.     @May15/24 Shares 60,485,477 Warrants 12,909,071 Options 7,918,358  

[wintersun10]

This post has been removed in accordance with Community Policy

[maestrodrumboe]

lol.More dilution .they're giving the Company away.. the Big surprise.They just happy to keep  diluting  the retail Investor down to Zero as long as they secure their salaries for a couple more years.Management gets rich,bankers get rich, along with their loan shark friends...lol

[lscfa]

Scumbag hedge fund shorted shares above $3.00 US and then approached Poet and proposed it do a fianancing at $3.00?   Close Prices Last 3 Months Price/volumes not adjusted for restructures Date Ex Sym Open High Low Close Chg Vol #Tr Bid Ask

[wintersun10]

Yeah, and if there ever would be a buyout at say $10 they would run it down to the $3 level. Would not be the first time stuff like that happened.

[lscfa]

Purchaser ......   MMCAP International Inc. SPC 94 Solaris Avenue Camana Bay, P.O. Box 1348 Grand Cayman KY1-1108 Cayman Islands Attention: Hillel Meltz Email: [e-mail]

[wintersun10]

Cayman Islands always gives such a warm and fuzzy feeling......not

[lscfa]

No hold period. Let the selling commence.... All Common Shares and Warrants issued under the Offering were distributed to a purchaser located outside of Canada in reliance on OSC Rule 72-503 – Distributions Outside of Canada and, accordingly, all Common Shares and Warrants issued under the Offering are not subject to a Canadian statutory hold period in accordance with applicable

[wintersun10]

Either the Finance dept is clueless or they know exactly what they are selling and nobody ever is gonna finance without warrants. They were quite astute with the Insider Selling. Insider Re-Pricing and Insider Buying. Obviously nobody will put up the money if they cannot get it back right away. Thats POET for you. That is what TWO YEARS of TESTING without any guarantees does to a shear price.

[lscfa]

Here is a list of just some of the small and microcap stocks that have done equity issues without warrants. Poet finance dept are idiots.     ACST FTRP PKT AEZS GIII PLCO ARC GRA PLUR

[maestrodrumboe]

I second that Motion about management...lol

[wintersun10]

Any of these companies have to do TWO YEARS of TESTING before they have to pivot again? Only POET is in this precarious situation and with a history going back to the US Tier1, still waiting.

[maestrodrumboe]

Management knows exactly what they are doing.anything goes, as long as they line their pockets and friends pockets. Poor poompbaggers can't seem to ever get it right..Gsputter said floodgates were now open , Yup!!!,LMSO The DT's are smiling from ear to ear, again today..lol 3.87-0.42 |-9.79%