POET Technologies Inc. has a significant shareholder group, MMCAP International Inc. SPC and MM Asset Management Inc., reporting beneficial ownership of 19,155,361 Common Shares of POET, all underlying warrants exercisable within 60 days as of June 30, 2026.
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POET Technologies Inc. has a significant shareholder group, MMCAP International Inc. SPC and MM Asset Management Inc., reporting beneficial ownership of 19,155,361 Common Shares of POET, all underlying warrants exercisable within 60 days as of June 30, 2026.
The Reporting Persons have shared voting and dispositive power over all 19,155,361 shares and no sole voting or dispositive power. This position represents 9.99% of POET’s Common Shares, based on 172,590,000 Common Shares outstanding as of June 26, 2026, plus the warrant shares. MM Asset Management Inc. is investment manager to the Fund, and each Reporting Person disclaims beneficial ownership beyond the shares directly owned by it.
Key Figures
Beneficially owned shares:19,155,361 Common SharesOwnership percentage:9.99 %Shares outstanding:172,590,000 Common Shares+3 more
6 metrics
Beneficially owned shares19,155,361 Common SharesShares underlying warrants exercisable within 60 days as of June 30, 2026
Ownership percentage9.99 %Percent of POET Common Shares beneficially owned by each Reporting Person
Shares outstanding172,590,000 Common SharesOutstanding as of June 26, 2026, as reported by POET
Shared voting power19,155,361.00 sharesShared voting power reported by each Reporting Person
Sole voting power0.00 sharesSole voting and dispositive power reported by each Reporting Person
Event dateJune 30, 2026Date as of which ownership information is provided
Key Terms
beneficially owns, segregated portfolio company, Common Shares, no par value, dispositive power, +1 more
5 terms
beneficially ownsfinancial
"The Fund directly beneficially owns the Common Shares reported in this Statement."
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
segregated portfolio companyfinancial
"Comment for : segregated portfolio company"
Common Shares, no par valuefinancial
"Title of class of securities: Common Shares, no par value"
dispositive powerfinancial
"Shared Dispositive Power 19,155,361.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
warrantsfinancial
"consists entirely of Common Shares underlying warrants that can be exercised within 60 days."
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake in POET (POET) do MMCAP International and MM Asset Management report?
MMCAP International Inc. SPC and MM Asset Management Inc. report beneficial ownership of 19,155,361 POET Common Shares, all underlying warrants. This position represents 9.99% of POET’s Common Shares, based on the issuer’s outstanding share count and the warrant shares.
How is the 9.99% ownership of POET (POET) calculated in this filing?
The 9.99% beneficial ownership is calculated using 172,590,000 Common Shares outstanding as of June 26, 2026, as reported by POET, plus the 19,155,361 Common Shares underlying warrants that are exercisable within 60 days by the Reporting Persons.
Do MMCAP and MM Asset Management have sole or shared voting power over POET (POET) shares?
The Reporting Persons have 0 shares with sole voting power and 19,155,361 shares with shared voting power. They likewise have shared dispositive power over 19,155,361 shares and no sole dispositive power, reflecting jointly controlled warrant-based holdings.
What type of securities do MMCAP and MM Asset Management hold in POET (POET)?
Their reported interest consists entirely of Common Shares underlying warrants that can be exercised within 60 days of June 30, 2026. They do not report currently outstanding Common Shares, only shares issuable upon warrant exercise within that time frame.
Who are the Reporting Persons in this POET (POET) Schedule 13G/A amendment?
The Reporting Persons are MMCAP International Inc. SPC, a private investment fund organized in the Cayman Islands, and MM Asset Management Inc., an Ontario, Canada–based investment manager. Each may be deemed to beneficially own the 19,155,361 warrant shares, subject to stated disclaimers.
This Schedule 13G is filed by the following (the "Reporting Persons"): (1) MMCAP International Inc. SPC (the "Fund"); and (2) MM Asset Management Inc. (the "Adviser"). The Fund is a private investment vehicle. The Fund directly beneficially owns the Common Shares reported in this Statement. The Adviser is the investment manager of the Fund. The Adviser may be deemed to beneficially own the Common Shares directly beneficially owned by the Fund. Each Reporting Person disclaims beneficial ownership with respect to any Common Shares other than the Common Shares directly beneficially owned by such Reporting Person.
(b)
Address or principal business office or, if none, residence:
The principal business office of the Fund is c/o Mourant Governance Services (Cayman) Limited, 94 Solaris Avenue, Camana Bay, P.O. Box 1348, Grand Cayman, KY1-1108, Cayman Islands. The principal business office of the Adviser is 161 Bay Street, TD Canada Trust Tower Suite 2240, Toronto, ON M5J 2S1 Canada.
(c)
Citizenship:
For citizenship or place of organization see Item 4 of the cover page of each Reporting Person.
(d)
Title of class of securities:
Common Shares, no par value
(e)
CUSIP No.:
73044W302
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
See Item 9 on the cover page for each Reporting Person, and Item 2, which information is given as of the close of business on the Event Date of June 30, 2026, and which consists entirely of Common Shares underlying warrants that can be exercised within 60 days.
(b)
Percent of class:
See Item 11 on the cover page for each Reporting Person. The percentages of beneficial ownership contained herein are based on: (x) 172,590,000 Common Shares outstanding as of June 26, 2026, as reported by the Issuer in a Form 6-K filed with the SEC on June 30, 2026; and (y) the Common Shares underlying the warrants described in Item 4(a) above.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See Item 5 on the cover page for each Reporting Person.
(ii) Shared power to vote or to direct the vote:
See Item 6 on the cover page for each Reporting Person.
(iii) Sole power to dispose or to direct the disposition of:
See Item 7 on the cover page for each Reporting Person.
(iv) Shared power to dispose or to direct the disposition of:
See Item 8 on the cover page for each Reporting Person.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
