Kinda looks like Multiple Acquirers to me ( but apple may have a different opinion)
• Several Options to Monetize POET
• POET is a research company, not a product company
• POET/PET are ready to enter the commercialization process
• No single company is currently active in all market areas where POET provides a best-inclass value proposition; syndicate needed to extract full value from technology platform
• Single Acquirer
• This path would involve selling POET to a single (by definition large) 3rd party
• Technology access/investment would likely be syndicated by acquirer
• Relatively small number of viable candidates
• Multiple Acquirers
• This path would involve selling POET to a syndicate (likely structured as a joint venture)
• Ideal syndicate would include members with market presence in all key areas related to
POET commercialization
• Licensing
• Certain specialized market segments might be best addressed by licensing all or part of the
POET/PET technology to one or more 3rd parties for use in a given market
• Can be complex with difficult-to-foresee implications for other activities