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POET Technologies closes US$400 million registered direct share sale to institutional investor

PUBT·05/18/2026 14:10:19
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POET Technologies closes US$400 million registered direct share sale to institutional investor
  • Poet Technologies closed a US$ 400 million registered direct offering sold to a single institutional investor.
  • Issued 19,047,620 common shares at US$ 21 per share, representing a premium to the May 14 close of US$ 20.57.
  • Included a warrant for 19,047,620 common shares, exercisable for three years at US$ 26.25 per share.
  • Proceeds earmarked for scaling manufacturing capacity, targeted acquisitions, expanded R&D, growth in its light source business, broader operations, and working capital.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Poet Technologies Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605181010PRIMZONEFULLFEED9722150) on May 18, 2026, and is solely responsible for the information contained therein.