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POET Technologies prices registered direct offering at US$400 million with warrants

PUBT·05/15/2026 12:31:39
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POET Technologies prices registered direct offering at US$400 million with warrants
  • Poet Technologies entered definitive agreement for registered direct offering raising gross proceeds of about US$400 million.
  • Deal covers 19,047,620 common shares, with warrant to buy 19,047,620 additional common shares.
  • Combined purchase price set at US$21 per share and accompanying warrant; warrant exercise price US$26.15, term three years.
  • Closing expected May 18, 2026, subject to customary conditions.
  • Proceeds earmarked for manufacturing expansion, corporate development including acquisitions, R&D scale-up, light source business acceleration, operations, 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: 202605150830PRIMZONEFULLFEED9721069) on May 15, 2026, and is solely responsible for the information contained therein.