POET Technologies Announces US$25 Million Offering

Core Viewpoint - POET Technologies Inc. plans to conduct a non-brokered public offering of 5,000,000 units at a price of US$5.00 per unit, aiming for total gross proceeds of US$25 million, to be used for working capital and general corporate purposes [1][2]. Offering Details - Each unit consists of one common share and one common share purchase warrant, with the warrant exercisable at C$8.16 for five years [1]. - The issue price reflects a discount of approximately 12.0% from the closing price on July 4, 2025 [2]. - The offering will be made via a prospectus supplement to the existing short form base shelf prospectus, and is expected to be fully subscribed by a single accredited institutional investor in Canada [3]. Regulatory and Closing Conditions - The offering is subject to regulatory approvals, including from the TSX Venture Exchange, and other customary closing conditions [4]. - No commissions or finder's fees will be paid in connection with the offering [4]. Company Background - POET Technologies specializes in high-speed optical engines and light source products for artificial intelligence systems and hyperscale data centers, utilizing its patented POET Optical Interposer™ technology [6]. - The company's products are designed to be lower cost, consume less power, and are scalable for high production volumes, addressing bandwidth and latency issues in AI systems [6].