POET Technologies Ord Shs V.PTK

Refilling with the SEC

[lscfa]

The shelf prospectus covers shares, warrants, units and debt securities. Maybe the  current  offering prospectus is being changed to convertible debentures + warrants. The bridge financing in 2019 was convertible debentures.

[maestrodrumboe]

Yes, but they still had the support from the  firm sale of DL,which i belive was around 26 Million US..Different balance sheet then..imo

[wintersun10]

Financing is like an auction where the price goes down. The longer you wait the lower the price. Today however, since nobody fell from a plane, the share price is moving up. That should make the decision for the financiers a bit easier to finally put some cash into Poet.

[lscfa]

maybe prospectus is being refiled because it's no longer an underwritten offering. The 2016 fiasco was done via a placement agency agreement, also with no financing terms initially disclosed. This offering is being underwritten on a firm commitment basis. While the underwriter intends to offer the common shares and accompanying warrants at the price set forth on the cover of this prospectus