About POET Technologies Inc. - Common Shares (POET)
POET Technologies Inc. is a company focused on advancing semiconductor technology by developing innovative solutions for optical and electronic devices. It specializes in combining photonics and electronics on a single chip, which enhances performance and reduces energy consumption for various applications, including telecommunications, data centers, and consumer electronics. The company's cutting-edge platforms aim to deliver high-speed connectivity and efficient processing capabilities, positioning it as a key player in the growing field of integrated photonics. Through its research and development initiatives, POET is committed to driving technological advancements that meet the increasing demands of the digital economy. Read More
As December 2025 dawns, the financial markets are abuzz with a familiar blend of cautious optimism and speculative fervor, particularly within the high-growth, high-risk realms of technology and cryptocurrency penny stocks. Investors, ever on the hunt for the next big breakthrough, are scrutinizing these smaller-cap companies, hoping to uncover hidden
POET Technologies (NASDAQ: POET), the designer and developer of the POET Optical Interposer(TM), Photonic Integrated Circuits (PICs), and light sources for data center, telecommunications, and AI markets, announced it has entered securities purchase agreements with institutional investors for the sale of 20,689,655 common shares in an oversubscribed registered direct offering expected to raise approximately $150 million in gross proceeds. The Company plans to use the funds to support corporate development, targeted acquisitions, R&D expansion, acceleration of its light source business, and general working capital.
Shares of POET Technologies Inc (NASDAQ:POET) are trading lower Thursday morning after a strong rally earlier in the week. Here's what investors need to know.
Shares of POET Technologies are trading higher Wednesday after the company announced the closing of a $75 million private placement with a single institutional investor.
On Tuesday, major U.S. indices closed lower, with the Dow Jones Industrial Average slipping 0.2% to 46,602.98, the S&P 500 falling nearly 0.4% to 6,714.59.
