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 > can someone translate

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Comment by Boych56hangenouon Aug 12, 2024 4:12pm

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RE:RE:RE:RE:can someone translate

Poet Technologies 3,333,334-share offering

2024-08-08 20:17 ET - Prospectus Approved

The TSX Venture Exchange has accepted for filing documentation with respect to the sales of shares as set out below, which were made in the form of a registered direct offering pursuant to an effective registration statement on Form F-3, previously filed with the U.S. Securities and Exchange Commission (SEC) on Aug. 9, 2023, and declared effective Aug. 18, 2023. The terms of the offering are set forth in a prospectus supplement that was filed with the SEC on July 19, 2024. The exchange has been advised by the company that sales under the offering for the period starting July 19, 2024, occurred for gross proceeds of $10,000,002 (U.S.).

Offering: 3,333,334 common shares

Offering price: $3 (U.S.) per common share and common share purchase warrant

Warrant exercise price/term: 3,333,334 share purchase warrants to purchase 3,333,334 common shares, with each warrant being exercisable into one common share at $4 (U.S.) per share until July 19, 2029

Refer to the prospectus dated Aug. 9, 2023, the accompanying prospectus supplement dated July 19, 2024, and the company's news releases dated July 19, 2024, for more information in respect of the offering.

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