---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/40888264.md"
description: "$POET Tech(POET.US)On May 15, 2026, POET Technologies entered into a securities purchase agreement with MMCAP International Inc. SPC for a registered direct offering. The company will issue 19,047,620 shares of common stock and warrants to purchase an additional 19,047,620 shares, at a price of $21.00 per share, with gross proceeds from the offering of approximately $400 million. The warrants have an exercise price of $26.25 per share and expire three years from the date of issuance. Net proceeds of approximately $399.7 million will be used to fund manufacturing expansion, corporate development activities (including acquisitions), R&D expansion, light source business acceleration, and working capital. The offering is expected to close on May 18, 2026."
datetime: "2026-05-18T15:47:15.000Z"
locales:
  - [en](https://longbridge.com/en/topics/40888264.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/40888264.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/40888264.md)
author: "[Sean *_熊猫](https://longbridge.com/en/profiles/639160.md)"
---

# $POET Tech(POET.US)On May 15, 2026, POET Technolog…


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