On October 27, 2025, POET Technologies Inc. announced a U.S.-only equity financing of 20,689,655 common shares at US$7.25 per share, for gross proceeds of US$149,999,998.75 (approximately C$209,925,000). The price was determined through arm’s length negotiation with reference to the Nasdaq closing price of US$7.41 on the announcement date. The offering was conducted exclusively in the United States with two institutional investors. Titan Partners Group LLC, a division of American Capital Partners, LLC, acted as exclusive placement agent and received a 5.0% cash commission of US$7,499,999.94 (C$10,496,250), resulting in net proceeds of US$142,499,998.81 (C$199,428,748) before estimated offering expenses of US$250,000 (C$349,875).

The transaction closed on October 28, 2025, as a registered direct offering pursuant to a shelf registration statement on Form F-10 (File No. 333-280553) previously declared effective by the U.S. Securities and Exchange Commission, with a related prospectus supplement filed with both the SEC and applicable Canadian securities regulators. The shares were not registered for sale in Canada.

Legal counsel to POET were Bennett Jones LLP (Canada) and Katten Muchin Rosenman LLP (U.S.), while McGuireWoods LLP advised the placement agent on U.S. matters. POET intends to use the proceeds for corporate development, targeted acquisitions, scaling R&D, accelerating its light source business, expanding operations, and general working capital.