Overview

• Poet Technologies completed a non-brokered private placement raising US$15 million.
• The placement involved issuing 4 million common shares and warrants for up to 2 million additional shares.
• The warrants are exercisable at $5.00 per share for five years from the date of issuance.
• No commission or finder's fee was paid, and no underwriter or sales agent was engaged.
• The offering is subject to final acceptance by the TSX Venture Exchange.