October 7, 2025 — Leads & Copy — POET Technologies Inc. (NASDAQ: POET) announced it has closed a non-brokered financing with a single institutional investor, issuing 13,636,364 common shares and one common share purchase warrant in a private placement for gross proceeds of US$75,000,002 before expenses. This marks the largest single investment in POET’s history, with net proceeds intended for corporate development, R&D scaling, light source business acceleration, and operations expansion.
Dr. Suresh Venkatesan, Executive Chairman & CEO of POET, stated that the company is prepared for the unprecedented opportunity presented by the growth of AI infrastructure. He said that the funds of over $150 million, will be used to scale up the company’s growth ambitions in the market for advanced AI hardware solutions.
The combined price of one common share and warrant was US$5.50. The warrant entitles the holder to purchase up to 13,636,364 common shares at a per share exercise price of C$9.78, exercisable immediately upon issuance and until October 7, 2030. The investment was completed on a non-brokered private placement basis, with no commission or finder’s fee paid by the Corporation.
POET Technologies Inc. designs and develops high-speed optical engines, light source products, and custom optical modules for the artificial intelligence systems market and hyperscale data centers. POET’s photonic integration solutions are based on the POET Optical Interposer™, integrating electronic and photonic devices into a single chip.
Media Relations Contact:
Adrian Brijbassi
Adrian.Brijbassi@poet.tech
Company Contact:
Thomas R. Mika, EVP & CFO
tm@poet.tech
Source: POET Technologies Inc.
