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 > New Financing

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Comment by lscfaon Sep 25, 2024 7:23pm

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Post# 36241250

RE:New Financing

5 yr Wrts, no accelerated expiry clause. Fire the finance dept.

	Aug14/24
Shares	65,596,234
Warrants	15,043,957
Options	9,444,833
	90,085,024
Sept pp Shs	4,000,000
Sept pp Wrts	2,000,000
	96,085,024

Expiry	Warrants O/S	Exercise price $cdn	proceeds $cdn
Dec 2026	563,318	4.95	2,788,424
Jan 2029	4,440,640	1.52	6,749,773
Apr 2029	6,706,665	4.26	28,570,393
Jul 2029	3,333,334	4.00	13,333,336
Sept 2029	2,000,000	$6.78 ($5 US)	13,560,000
	17,043,957		65,001,926

Expiry	Options O/S	Exercise price $cdn	proceeds $cdn
2026 to 2033	7,153,358	1.75	12,518,377
Feb 2034	694,477	1.79	1,243,114
Jun 2034	1,657,659	2.48	4,110,994
	9,505,494		17,872,485