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POET Technologies Raises US$150 Million in Registered Direct Share Offering

Story Highlights
  • POET Technologies closed a US$150 million registered direct offering of 20.7 million common shares on January 23, 2026.
  • The share sale under an automatic shelf registration strengthens POET’s access to U.S. capital markets and bolsters its financial flexibility for future operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
POET Technologies Raises US$150 Million in Registered Direct Share Offering

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An update from POET Technologies ( (POET) ) is now available.

On January 23, 2026, POET Technologies Inc. closed a previously announced registered direct offering of 20,689,656 common shares, raising approximately US$150 million in gross proceeds before expenses at a price of US$7.25 per share. The financing, conducted under an automatic shelf registration statement that became effective on January 22, 2026, further integrates this capital raise into POET’s existing suite of U.S. registration statements and reflects the company’s continued reliance on U.S. equity markets to bolster its balance sheet and support future corporate and operational needs, with legal opinions confirming that the newly issued shares are validly issued, fully paid and non-assessable under applicable Canadian law.

The most recent analyst rating on (POET) stock is a Hold with a $8.50 price target. To see the full list of analyst forecasts on POET Technologies stock, see the POET Stock Forecast page.

Spark’s Take on POET Stock

According to Spark, TipRanks’ AI Analyst, POET is a Neutral.

The score is held back primarily by weak financial performance—deep, persistent losses and ongoing cash burn—despite strong recent revenue growth and a relatively manageable balance sheet. Technicals are a notable positive (price above key moving averages with supportive momentum), but valuation is constrained by negative earnings and the absence of a dividend.

To see Spark’s full report on POET stock, click here.

More about POET Technologies

POET Technologies Inc. is a Canadian company based in Toronto and listed in the United States as a foreign private issuer, operating in the technology sector and accessing U.S. capital markets through a series of shelf and other registered offerings of its common shares. The company utilizes U.S. registration statements on Forms F-3, F-10 and S-8 to support its financing activities and equity-based compensation programs, underscoring an ongoing strategy of raising capital from U.S. investors to fund its business operations and growth initiatives.

Average Trading Volume: 9,358,602

Technical Sentiment Signal: Buy

Current Market Cap: $1.09B

Learn more about POET stock on TipRanks’ Stock Analysis page.

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