Poet Technologies Inc. (TSE:PTK) has released an update.
POET Technologies Inc. has successfully closed a CAD$10 million private placement financing without the aid of brokers or finders. The financing, which involves selling over 3.4 million units at CAD$2.90 each, comes amid strong demand for the company’s optical engine technology, with proceeds aimed at supporting POET’s growth. This announcement underscores POET’s ongoing efforts to innovate in high-speed data communication and computing markets.
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