Welcome to our dedicated page for POET Technologies Common Shares news (Ticker: $POET), a resource for investors and traders seeking the latest updates and insights on POET Technologies Common Shares stock.
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POET Technologies Inc. announced the closing of a CAD$10 million non-brokered financing with a single institutional investor. The Offering included the sale of 3,258,390 Units, with each unit consisting of common shares and warrants. The funds will be used for general working capital to support the company's growth phase, driven by the strong demand for its optical engine technology in high-speed optical modules for AI processing clusters and chip-to-chip data communications.
