POET Technologies Announces Closing of C$6.2 Million Non-Brokered Private Placement of Units and Reports Preliminary Unaudited Fiscal Fourth Quarter and Fiscal Year 2024 Results

January 25, 2024

https://www.globenewswire.com/news-release/2024/01/25/2816555/0/en/POET-Technologies-Announces-Closing-of-C-6-2-Million-Non-Brokered-Private-Placement-of-Units-and-Reports-Preliminary-Unaudited-Fiscal-Fourth-Quarter-and-Fiscal-Year-2024-Results.html

TORONTO, Jan. 25, 2024 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Corporation”) (TSXV:PTK, NASDAQ:POET) is pleased to announce the completion of its non-brokered private placement previously announced on December 11, 2023, pursuant to which an aggregate of 5,098,088 units of the Corporation (the “Units”) were issued at a price of $1.22 (US$0.90) per Unit for an aggregate gross proceeds of approximately C$6.2 million (US$4.6 million) (the “Offering”).

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