16:09:01 EDT Sun 14 Jul 2024
Enter Symbol
or Name
USA
CA



Poet Technologies Inc (2)
Symbol PTK
Shares Issued 47,661,133
Close 2024-02-13 C$ 1.80
Market Cap C$ 85,790,039
Recent Sedar Documents

Poet Technologies 5,098,088-share private placement

2024-02-13 20:31 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Dec. 11, 2023, and Jan. 22, 2024.

Number of shares:  5,098,088 common shares

Purchase price:  $1.22 per share

Warrants:  5,098,088 share purchase warrants to purchase 5,098,088 shares

Warrant exercise price:  $1.52 for a period of five years following the closing date

Number of placees:  72 placees

Total existing insider involvement:  358,583 (nine insiders)

Total pro group involvement:  30,000 (one pro group)

Finder's fee:  $43,828.50

The company issued a news release on Jan. 25, 2024, confirming the closing of the private placement. Note that in certain circumstances the exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.

© 2024 Canjex Publishing Ltd. All rights reserved.