The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

POET Technologies Announces Closing of US$150 Million Oversubscribed Registered Direct Offering of Common Shares

October 29, 2025
Source: manilatimes.net manilatimes.net
News Snapshot:
The offering was fully subscribed by two new fundamental investment managers. The Company’s pro-forma cash position is in excess of US$300 million immediately following the closing. TORONTO, Oct. 28, 2025 (GLOBE NEWSWIRE) -- POET Technologies Inc. (NASDAQ: POET) (the "Company”), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today announced the closing of its previously announced registered direct offering of 20,689,655 common shares , resulting in gross proceeds of approximately US$150 million, before deducting offering expenses. The closing of the offering occurred on...
GO TO ORIGINAL SOURCE →
China Tech Buzz Topics: AI | applications | artificial intelligence | bandwidth | bank | Business | Canada | capital | cash | CFO | China | chip | commission | communication | Computing | data | data center | developer | development | email | Gadgets & Electronics | Guangdong | investment | investment bank | litigation

Other News:

Chinese Long March-7A Rocket Explodes After Liftoff

August 11, 2026

Chinese National Admits Guilt in Attempt to Export US Military Equipment to China

August 11, 2026

Industrial War Footing As North Asian Giants Prep Semiconductor Sector?

August 11, 2026

An AI Hacked Into a Gym to Secure a Spot in a Class, but Can It Cancel a Membership?

August 11, 2026
gizmodo.com gizmodo.com

7 Best DJI Cameras For Photography And Vlogging

August 11, 2026
bgr.com bgr.com

Russia preparing to station more North Korean troops on its territory, Zelenskyy says

August 11, 2026
euronews.com euronews.com

What Smart People Are Saying About Meta's Muse Glimmer

August 11, 2026
businessinsider.com businessinsider.com

Micron vs. SK hynix: One Stock Rules AI Memory. The Other Has More Room to Run.

August 11, 2026
barchart.com barchart.com

Time to show some intelligence on AI

August 11, 2026
canberratimes.com.au canberratimes.com.au
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2026 ChinaTechNews.com. A Service of Asia Media Network.