POET Technologies (TSE:PTK) has released an update.
POET Technologies Inc. has announced the amendment and acceleration of over half a million common share purchase warrants following approval from the TSX Venture Exchange. These warrants are now exercisable at C$1.80 per share, with an added acceleration clause that could hasten the expiry date if the company’s share price remains high. Due to the current share price exceeding C$2.16 for 10 consecutive trading days, the expiry date for these amended warrants has been moved up to June 28, 2024.
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