News Focus
News Focus
Followers 318
Posts 55311
Boards Moderated 12
Alias Born 08/19/2009

Re: None

Thursday, 01/22/2026 8:59:05 AM

Thursday, January 22, 2026 8:59:05 AM

Post# of 6674
POET Technologies Announces Pricing of US$150 Million Registered Direct Offering of Common Shares




Toronto, Ontario — January 22, 2026 — POET Technologies Inc. (“POET” or the “Company”) (NASDAQ: POET), a leader in the design and implementation of highly-integrated optical engines and light sources for artificial intelligence networks, today announced that it has entered into securities purchase agreements with institutional investors for the purchase and sale of 20,689,656 common shares in a registered direct offering. The offering is expected to result in gross proceeds of approximately US$150 million, before deducting offering expenses. The closing of the offering is expected to occur on or about January 23, 2026, subject to the satisfaction of customary closing conditions.



The Company intends to use the net proceeds from this investment for corporate development, including targeted acquisitions, scaling up of R&D, acceleration of its high-speed optical module and light source businesses, expanding operations, and general working capital.



Titan Partners, a division of American Capital Partners, is acting as the sole placement agent for the offering.



“POET’s Optical Interposer™ platform and the unique high speed optical engines and light source products based on it provide differentiated solutions at each level of AI infrastructure, from chip-to-chip data communications to data transfer within the datacenter to the mobile networks that deliver that data to users”, said Dr. Suresh Venkatesan, Executive Chairman & Chief Executive Officer of POET. “In each of these areas, we have either designed and developed our own unique components or secured partnerships with major component suppliers. We are seeing huge opportunities for both internal and inorganic growth. This offering is expected to expand our institutional investor base by attracting several new fundamental investors. With a substantial base of cash, we plan to accelerate our pursuit of targeted acquisitions, add to our capabilities and talent base, vertically integrate our products with differentiated components, and expand operations to pursue revenue opportunities across the board, in order to bring long-term value to shareholders.”



This offering is being made in the United States pursuant to an automatic shelf registration statement on Form F-3 that was filed with the U.S. Securities and Exchange Commission (the “SEC”) and became automatically effective on January 22, 2026. The offering is being made only in the U.S. and by means of a prospectus supplement, which will be filed with the SEC and will be available on the SEC’s website located at www.sec.gov. Electronic copies of the prospectus supplement may be obtained, when available, by contacting Titan Partners Group LLC, a division of American Capital Partners, LLC, 4 World Trade Center, 49th Floor, New York, NY 10007, by phone at (929) 833-1246 or by email at prospectus@titanpartnersgrp.com.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent POET News