POET Technologies Inc. Common Shares
POETPOET Technologies Inc. is a technology company specializing in integrated photonics and semiconductor solutions. It focuses on developing and commercializing innovative photonic integrated circuits, incorporating optical, electronic, and photonic functionalities for applications in data communications, sensing, and other high-performance technologies. The company's capabilities aim to revolutionize data transfer speeds and power efficiency in various electronic systems.
Company News
Poet Technologies stock plummeted 17% on Thursday after announcing a registered direct offering of 20.7 million shares to raise approximately $150 million. The company plans to use proceeds for acquisitions, R&D, and expanding its AI infrastructure products. While investors reacted negatively due to shareholder dilution concerns, the analyst sugg...
Poet Technologies experienced stock volatility, dropping 5.02% despite a previously positive week marked by an increased price target and industry news about optical connectivity for AI infrastructure.
Poet Technologies' stock surged after Northland raised its price target to $8, driven by optimism around photonic chips and AI connectivity following Marvell's acquisition of Celestial AI.
POET Technologies reported Q3 2025 financial results, highlighting progress in optical engine and light source products with initial production orders valued over $5.6 million. The company secured $250 million in equity financing and introduced new optical receivers for AI and data center markets.
POET Technologies secured a US$150 million registered direct offering from two new fundamental investment managers, which will boost its cash position to over US$300 million and support corporate development, R&D scaling, and potential acquisitions.
