POET Technologies (NASDAQ: POET), a provider of highly integrated optical engines and light sources for artificial intelligence networks, announced that it has entered into securities purchase agreements with institutional investors for a registered direct offering of 20,689,656 common shares, expected to generate approximately $150 million in gross proceeds before expenses. The offering is expected to close on or about Jan. 23, 2026, subject to customary closing conditions, and is being conducted pursuant to an automatic shelf registration statement on Form F-3 that became effective Jan. 22, 2026. The company said it intends to use the net proceeds for corporate development initiatives, including targeted acquisitions, expanded research and development, acceleration of its high-speed optical module and light source businesses, operational expansion, and general working capital, with Titan Partners, a division of American Capital Partners, acting as sole placement agent.
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About POET Technologies Inc.
POET is a design and development company offering high-speed optical engines, light source products and custom optical modules to the artificial intelligence systems market and to hyperscale data centers. POET’s photonic integration solutions are based on the POET Optical Interposer(TM), a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. POET’s Optical Interposer-based products are lower cost, consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centers, POET has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems. POET’s Optical Interposer platform also solves device integration challenges across a broad range of communication, computing and sensing applications. POET is headquartered in Toronto, Canada, with operations in Singapore, Penang, Malaysia and Shenzhen, China. More information about POET is available on our website at www.poet-technologies.com.
For more information, visit https://www.poet-technologies.com/
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