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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Message: Tom’s quote on recent activity

I have not seen much discussion on the point Tom raised in the recent NR regarding trading activity. Much of the focus was on the no material aspect comment but what got my attention was this quote which suggests parallel strategy POET is undergoing to raise funds beyond the offering with Maxim. 

Looking back I think Tom telegraphed the raise with Maxim would be small and there are much bigger conversations that have been going int past month. It's likely the Plan B and C referred to here. Imagine if they were successful in landing well regarded investment houses with linkage to potential customers to fund company even it meant giving up portion of company . Think about market re-assessment of our value. Just saying, more than a dream perhaps

here is the quote from the NR

 

Since that time, the Company has been actively engaged with prospective investors in the United States and Canada, with a focus on securing institutional investors capable of leading other firms to provide the needed capital to continue the Company’s operations through early 2025.

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Dec 02, 2023 04:50PM
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