POET Technologies

POET Technologies (NASDAQ: POET) secured approximately $150 million in gross proceeds through an oversubscribed registered direct offering of common shares, attracting new institutional investors. Closing is expected around October 28, 2025, pending standard conditions. POET intends to use the net proceeds for acquisitions, R&D, and operational expansion. Pro-forma cash is expected to exceed $300 million post-closing. While the offering provides financial runway, the share issuance may cause dilution.