POET Technologies Secures $75 Million Investment for AI Connectivity Expansion

TORONTO, Oct. 07, 2025 (GLOBE NEWSWIRE) — POET Technologies Inc. (NASDAQ: POET) announced it has completed a non-brokered private placement, raising US$75 million from a single institutional investor. The deal involved issuing 13,636,364 common shares, along with one warrant per share, at a price of US$5.50 each.

The warrants are immediately exercisable for common shares at C$9.78 each, valid until October 7, 2030, according to the company’s report. Management aims to direct the proceeds towards corporate development, expansion of research and development (R&D), targeted acquisitions, and additional working capital.

Dr. Suresh Venkatesan, Executive Chairman and CEO of POET, emphasized the importance of this funding. “The massive growth of AI infrastructure represents an unprecedented opportunity for which POET is well-prepared,” he stated. He noted that the company currently holds over $150 million in cash and maintains no significant debt.

The completed investment is the largest in POET’s history and is expected to bolster the company’s position in the competitive AI hardware market. The financing will help facilitate rapid scaling of their light source business and enhance their operations overall.

With the growth of demand for advanced optical technologies in AI and telecommunications, POET’s management is optimistic about future revenue prospects and innovation potential in its field.