POET Technologies Ord Shs V.PTK

Alternate Symbol(s): POET

Technology Semiconductors

POET Technologies Inc. is a design and development company. It offers high-speed optical engines, light source products and custom optical modules to the artificial intelligence (AI) systems market and to hyperscale data centers. Its photonic integration solutions are based on the POET Optical Interposer, a novel, patented platform that allows the integration of electronic and photonic devices into a single chip using wafer-level semiconductor manufacturing techniques. Its Optical Interposer-based products consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition, it has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems. Its Optical Interposer platform solves device integration challenges across a range of communication, computing and sensing applications.

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POET Technologies Ord Shs > ATM

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Post by maestrodrumboeon Apr 03, 2024 11:09am

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Post# 35967693

ATM

allows for the Company to sell up to 24.2 Million shears or 15.9 Mill Shares, the maximum allowable dilution, if the market cap is below 75 Million..
That's whopping 50% dilution, based on current share count of 48.2 Mill, not to mention the enormous selling pressure for many months to come, as anybody wantimng out( Sellers) will be competing against the Sale of Millions of sheers by the Company at fire sale price.
Time to dump this POS before the whole investment goes up in smoke..

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