- The offering is fully subscribed by two new fundamental investment managers.
- Following closing, the company's estimated cash position is expected to exceed US$300 million.
TORONTO, Oct. 26, 2025 (GLOBE NEWSWIRE) — POET Technologies Inc. (NASDAQ: POET) (the “Company”), a designer and developer of POET Optical Interposer™, photonic integrated circuits (PICs) and light sources for the data center, telecommunications and artificial intelligence markets, today announced that it has entered into securities purchase agreements with institutional investors for the purchase and sale of 20,689 655 shares of common stock in an oversubscribed, registered direct offering. The offering is expected to generate gross proceeds of approximately $150 million before deducting offering expenses. The closing of the offering is expected to occur on or about October 28, 2025, subject to the satisfaction of customary closing conditions.
Participants in the offering include two new fundamental investment managers.
The Company intends to use the net proceeds from this investment for corporate development, including targeted acquisitions, R&D expansion, acceleration of the light source business, expansion of operations and general working capital.
Titan Partners Group, a division of American Capital Partners, is serving as the sole offering agent.
“POET’s Optical Interposer platform is an exceptionally elegant solution to connectivity challenges at every layer of AI infrastructure, from inter-chip data communications to intra-data center communications to the mobile networks that deliver that data to users,” said Dr. Suresh Venkatesan, Executive Chairman and CEO of POET. “In each of these areas, we are turning information bottlenecks into data highways, combining what's possible in silicon with what's powerful in light. This additional investment from two of the world's leading investment funds immeasurably enhances POET's ability to deliver advanced photonics solutions. With more than $300 million in cash, we can accelerate our execution of targeted acquisitions and expand our capabilities and talent.” Vertically integrate our products to improve costs and performance, and expand. operations to realize revenue opportunities across the board, delivering long-term benefits to shareholders.”
This offering is being made in the United States only pursuant to a shelf registration statement on Form F-10 (File No. 333-280553) previously filed with the U.S. Securities and Exchange Commission (the “SEC”) and declared effective on September 10, 2024. The offering is being made only by means of a prospectus supplement that will be filed with the SEC and will be available on the SEC's website located at www.sec.gov. Electronic copies of the prospectus supplement may be obtained, when available, by contacting Titan Partners Group LLC, a division of American Capital Partners, LLC, 4 World Trade Center, 49th Floor, New York, NY 10007, at (929) 833-1246 or email: [email protected].
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About POET Technologies Inc.
POET is a design and development company providing high-speed optical engines, light sources and custom optical modules for the artificial intelligence and hyperscale data center markets. POET's photonic integration solutions are based on the POET Optical Interposer™, a new proprietary platform that allows electronic and photonic devices to be seamlessly integrated onto a single chip using advanced wafer-level semiconductor manufacturing technologies. POET's optical interposer products are less expensive, consume less power than comparable products, are smaller in size, and are easily scalable to high volume production. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centers, POET has developed and launched new light source products for inter-chip data transfer within and between AI servers, which is the next frontier in solving bandwidth and latency challenges in AI systems. intelligence. POET's Optical Interposer platform also addresses device integration challenges across a wide range of communications, computing and sensing applications. POET is headquartered in Toronto, Canada, with offices in Singapore, Penang, Malaysia and Shenzhen, China. More detailed information about POET can be found on our website at: www.poet-technologies.com
About Titan Partners
Titan Partners Group, a division of American Capital Partners, is a boutique investment bank focused on customized solutions for publicly traded emerging growth companies. Titan Partners combines experience, trust, dedication and a forward-thinking approach to help clients meet their strategic capital needs.
Titan Partners Contacts
[email protected]
4 World Trade Center, 49th floor
New York, NY 10007
(929) 833-1246
www.titanpartnersgrp.com
Cautionary Note Regarding Forward-Looking Information
This press release contains “forward-looking information” (within the meaning of applicable Canadian securities laws) and “forward-looking statements” (within the meaning of the United States Private Securities Litigation Reform Act of 1995). Such statements or information are identified by words such as “anticipate,” “believe,” “anticipate,” “plan,” “intend,” “potential,” “estimate,” “propose,” “project,” “outlook,” “anticipate” or similar words that suggest future results or statements regarding any potential outcome. Such statements include, but are not limited to, the Company's expectations regarding the Company's products, the scalability of the POET optical interposer and the success of the Company's products, the Company's use of proceeds from this offering, the Company's cash position and good capitalization following the closing of the offering, and the Company's ability to achieve its business objectives. Such forward-looking information or statements are subject to a number of risks, uncertainties and assumptions that may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, management's expectations regarding the size of the market for its products, the ability of its businesses to produce products on time and at expected costs, the performance and availability of certain components and the success of its customers in achieving market penetration for their products. Actual results may differ materially due to a number of factors, including, but not limited to, the attractiveness of the Company's product offerings, the effectiveness of its technology, the performance of key components and the ability of its customers to market their products.
For more information about these and other risks and uncertainties, see the Company's filings on SEDAR+ at www.sedarplus.ca and the SEC's website at www.sec.gov. Although the Company believes that the expectations reflected in forward-looking information or statements are reasonable, potential investors in the Company's securities should not place undue reliance on forward-looking statements as the Company can give no assurance that such expectations will prove to be correct. The forward-looking information and statements contained in this press release speak only as of the date of this press release, and the Company does not undertake any obligation to update or revise this forward-looking information and statements except as required by applicable securities laws.
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