TORONTO, Dec.03, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc.("POET" or the "Corporation") (TSXV: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, is pleased to announce that it has completed its previously announced registered direct offering with a single institutional investor that qualifies as an "accredited investor" under National Instrument 45-106 – Prospectus Exemptions of the Canadian Securities Administrators.
Such statements include, without limitation, the Corporation's expectations with respect to its products, the scalability of the POET Optical Interposer, the success of the Corporation's products, and the Corporation's use of proceeds for the Offering and the ability to obtain the final approval of the Exchange.
More information about POET is available on our website at Media Relations Contact:Adrian BrijbassiAdrian.brijbassi@poet.techCompany Contact:Thomas R.Mika, EVP & CFOtm@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.
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