POET Technologies (TSE:PTK) has released an update.
POET Technologies has successfully completed a private placement, raising $15 million through the issuance of 4 million common shares and warrants to a single institutional investor. The proceeds from this offering will bolster the company’s working capital and support general corporate functions, without incurring any commission or finder’s fee costs.
For further insights into TSE:PTK stock, check out TipRanks’ Stock Analysis page.
