Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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"penny stock type of move"

Where did you get this idea from Mac? All companies ,regardless of their size, use warrants when they need capital.

Mo,,,,,

check this financing deal out. It is a bought deal with NO warrants attached for $ 6.7M CAD.

https://ca.news.yahoo.com/spectra7-microsystems-inc-increases-size-002100247.html

the caveat is the underwriters get to buy an additional 3 M shares at the same strike price for 30 days after closing.

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