POET Technologies Completes Previously Announced US$25M Non-brokered Public Offering
POET Technologies (NASDAQ: POET), a leader in optical engines and light sources for AI networks, has successfully completed a US$25 million non-brokered public offering. The offering consisted of 5 million units priced at US$5.00 per unit, with each unit comprising one common share and one warrant.
The warrants are exercisable at C$8.16 for a five-year period. The company plans to utilize the proceeds for working capital and general corporate purposes. The offering was fully subscribed by institutional investors qualifying as accredited investors, with no commission or finder's fee paid.
POET Technologies (NASDAQ: POET), leader nei motori ottici e nelle sorgenti luminose per reti AI, ha completato con successo un offerta pubblica non mediata da 25 milioni di dollari USA. L'offerta comprendeva 5 milioni di unità al prezzo di 5,00 dollari USA per unità, ciascuna unità includendo un'azione ordinaria e un warrant.
I warrant sono esercitabili a 8,16 dollari canadesi per un periodo di cinque anni. La società intende utilizzare i proventi per il capitale circolante e scopi aziendali generali. L'offerta è stata interamente sottoscritta da investitori istituzionali qualificati come investitori accreditati, senza pagamento di commissioni o compensi per intermediari.
POET Technologies (NASDAQ: POET), líder en motores ópticos y fuentes de luz para redes de IA, ha completado con éxito una oferta pública no intermediada de 25 millones de dólares estadounidenses. La oferta consistió en 5 millones de unidades a un precio de 5,00 dólares estadounidenses por unidad, cada unidad compuesta por una acción común y una garantía.
Las garantías son ejercitables a 8,16 dólares canadienses durante un período de cinco años. La compañía planea utilizar los ingresos para capital de trabajo y propósitos corporativos generales. La oferta fue totalmente suscrita por inversores institucionales calificados como inversores acreditados, sin pagar comisión ni honorarios de intermediación.
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워런트는 캐나� 달러 8.16� 5년간 행사� � 있습니다. 회사� 자금� 운전자본� 일반 기업 목적� 사용� 계획입니�. 이번 발행은 중개 수수료나 소개 수수� 없이 공인 투자� 자격� 갖춘 기관 투자자들� 의해 전액 청약되었습니�.
POET Technologies (NASDAQ : POET), leader dans les moteurs optiques et les sources lumineuses pour réseaux d'IA, a réussi à compléter une offre publique non intermédiaire de 25 millions de dollars US. L'offre comprenait 5 millions d'unités au prix de 5,00 dollars US par unité, chaque unité comprenant une action ordinaire et un bon de souscription.
Les bons de souscription sont exerçables à 8,16 dollars canadiens pendant une période de cinq ans. La société prévoit d'utiliser les fonds pour le fonds de roulement et des fins générales d'entreprise. L'offre a été entièrement souscrite par des investisseurs institutionnels qualifiés d'investisseurs accrédités, sans commission ni frais d'intermédiaire versés.
POET Technologies (NASDAQ: POET), ein führendes Unternehmen für optische Motoren und Lichtquellen für KI-Netzwerke, hat erfolgreich eine nicht vermittelte öffentliche Platzierung in Höhe von 25 Millionen US-Dollar abgeschlossen. Das Angebot umfasste 5 Millionen Einheiten zu einem Preis von 5,00 US-Dollar pro Einheit, wobei jede Einheit aus einer Stammaktie und einem Bezugsrecht bestand.
Die Bezugsrechte sind über einen Zeitraum von fünf Jahren zum Ausübungspreis von 8,16 kanadischen Dollar ausübbar. Das Unternehmen plant, die Erlöse für das Betriebskapital und allgemeine Unternehmenszwecke zu verwenden. Das Angebot wurde vollständig von institutionellen Anlegern, die als akkreditierte Investoren qualifiziert sind, ohne Zahlung von Provisionen oder Vermittlungsgebühren gezeichnet.
- None.
- Potential dilution from 5 million new shares issued
- Additional dilution possible if warrants are exercised
- Offering subject to final TSX Venture Exchange acceptance
Insights
POET completes $25M offering at $5/share with warrants, strengthening balance sheet without incurring underwriting fees.
POET Technologies has successfully completed its $25 million non-brokered public offering by issuing 5 million units at $5.00 per unit. Each unit includes one common share and one warrant exercisable at C$8.16 over a five-year period. This capital raise represents a significant financial milestone for the company, which specializes in integrated optical engines for AI networks.
The structure of this offering is particularly noteworthy. By opting for a non-brokered approach, POET has avoided paying commissions or finder's fees that typically range from 4-7
The offering was fully subscribed by institutional investors qualifying as "accredited investors," indicating strong institutional confidence in POET's business model and growth trajectory. This type of sophisticated investor base often signals higher stability in shareholding compared to retail-dominated offerings.
While the company stated the proceeds will be used for "working capital and general corporate purposes" without providing specific allocations, this infusion strengthens POET's financial position. The five-year warrant component at C$8.16 (approximately 60
For existing shareholders, this offering represents dilution of ownership, but brings necessary capital that could accelerate growth initiatives in the AI optical engine market. The successful raise without traditional underwriting support demonstrates management's ability to attract institutional capital efficiently.
TORONTO, July 17, 2025 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Corporation") (TSXV: PTK; NASDAQ: POET), a leader in the design and implementation of highly-integrated optical engines and light sources for artificial intelligence networks, is pleased to announce that it has completed its previously announced non-brokered public offering of an aggregate 5,000,000 units of the Corporation (the "Units") at a price of US
The Corporation intends to use the net proceeds of the Offering for working capital and general corporate purposes. No commission or finder's fee was paid by the Corporation, and no underwriter or sales agent was engaged by the Corporation in connection with the Offering.
The Offering was completed pursuant to a prospectus supplement (the "Prospectus Supplement") to the short form base shelf prospectus (the "Base Shelf Prospectus") of the Corporation dated September 6, 2024, filed on July 16, 2025, with the securities regulatory authorities in each of the provinces and territories of Canada, as well as with the U.S. Securities and Exchange Commission as part of the Corporation’s U.S. registration statement on Form F-10 ("Form F-10") (Registration No. 333-280553) under the U.S.-Canada Multijurisdictional Disclosure System and General Instruction II.L, which included the Prospectus Supplement with such additions thereto and deletions therefrom as may be permitted or required by Form F-10. Copies of the Prospectus Supplement, including the Base Shelf Prospectus, are available on SEDAR+ at www.sedarplus.com and on EDGAR at . The Offering was fully subscribed by certain institutional investors, each qualifying as an "accredited investor" under National Instrument 45-106 � Prospectus Exemptions of the Canadian Securities Administrators.
The Offering remains subject to the final acceptance of the TSX Venture Exchange (the "Exchange").
This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About POET Technologies Inc.
POET is a design and development company offering high-speed optical engines, light source products and custom optical modules to the artificial intelligence systems market and to hyperscale data centers. POET's photonic integration solutions are based on the POET Optical Interposer�, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. POET's Optical Interposer-based products are lower cost, consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centers, POET 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. POET's Optical Interposer platform also solves device integration challenges across a broad range of communication, computing and sensing applications. POET is headquartered in Toronto, Canada, with operations in Singapore, Penang, Malaysia and Shenzhen, China. More information about POET is available on our website at
Media Relations Contact: Adrian Brijbassi [email protected] | Company Contact: Thomas R. Mika, EVP & CFO tm@poet.tech |
Cautionary Note Regarding Forward-Looking Information
This news release contains "forward-looking information" (within the meaning of applicable Canadian securities laws) and "forward-looking statements" (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as "anticipate", "believe", "expect", "plan", "intend", "potential", "estimate", "propose", "project", "outlook", "foresee" or similar words suggesting future outcomes or statements regarding any potential outcome. Such statements include, without limitation, the Corporation’s products, the scalability of the POET Optical Interposer and the success of the Corporation's products, the Corporation's ability to obtain the final approval of the Exchange, and the expected use of proceeds of the Offering. Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, management's expectations regarding the size of the market for its products, the performance and availability of certain components, and the success of its customers in achieving market penetration for their products. Actual results could differ materially due to a number of factors, including, without limitation, the attractiveness of the Corporation's product offerings, performance of its technology, the performance of key components, and ability of its customers to sell their products into the market. For further information concerning these and other risks and uncertainties, refer to the Corporation's filings on SEDAR+ at www.sedarplus.ca and on the website of the U.S. Securities and Exchange Commission at www.sec.gov. Although the Corporation believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Corporation's securities should not place undue reliance on forward-looking statements because the Corporation can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Corporation assumes no obligation to update or revise this forward-looking information and statements except as required by applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
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