POET Technologies (US:POET) Globenewswire·2025-10-07 13:23Core Insights - POET Technologies Inc. has completed a non-brokered financing with a single institutional investor, raising gross proceeds of US$75,000,002 through the issuance of 13,636,364 common shares and one common share purchase warrant [1][2] - This financing marks the largest single investment in POET's history, which will be utilized for corporate development, including acquisitions, R&D scaling, and operational expansion [2][3] Investment Details - The combined price for one common share and the warrant was US$5.50, with the warrant allowing the purchase of up to 13,636,364 common shares at a per share exercise price of C$9.78, exercisable until October 7, 2030 [4] - The investment was executed without any commissions or finder's fees, adhering to OSC Rule 72-503 for distributions outside Canada [4] Company Strategy and Market Position - The company is well-positioned to capitalize on the growth of AI infrastructure, with over $150 million in cash and no significant debt, enabling it to pursue growth in advanced AI hardware solutions [3] - POET aims to secure its technological lead and revenue opportunities in light sources for chip-to-chip connectivity and ultra high-speed transceivers through targeted acquisitions and investments [3][6] Company Overview - POET Technologies specializes in high-speed optical engines, light source products, and custom optical modules for the AI systems market 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 to high production volumes, addressing bandwidth and latency challenges in AI systems [6]