POET Announces Closing of CAD$10 Million Non-brokered Financing with a Single Institutional Investor

May 3, 2024

https://www.globenewswire.com/news-release/2024/05/03/2875248/0/en/POET-Announces-Closing-of-CAD-10-Million-Non-brokered-Financing-with-a-Single-Institutional-Investor.html

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TORONTO, May 03, 2024 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: 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 AI markets, today announced the closing of its previously announced offering (the “Offering”) which was taken up entirely by a single institutional investor of CAD$10 million. No brokers or finders were engaged in this transaction.

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