POET Technologies Inc. (NASDAQ: POET), a provider of highly integrated optical engines and light sources for artificial intelligence networks, has entered into securities purchase agreements with institutional investors for a registered direct offering of 20,689,656 common shares. The offering is expected to generate approximately $150 million in gross proceeds before expenses, with closing anticipated on or about Jan. 23, 2026, subject to customary closing conditions.
The company 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. Titan Partners, a division of American Capital Partners, is acting as sole placement agent for the offering, which is being conducted pursuant to an automatic shelf registration statement on Form F-3 that became effective Jan. 22, 2026.
This capital infusion represents a significant development for the optical technology sector, particularly for companies focused on artificial intelligence infrastructure. POET's technology addresses critical bandwidth and latency challenges in AI systems through its POET Optical Interposer platform, which allows seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques.
The company's products serve the artificial intelligence systems market and hyperscale data centers, providing high-speed optical engines and optical modules for AI clusters. POET has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, addressing what the company identifies as the next frontier for solving bandwidth and latency problems in AI systems. More information about POET's technology platform is available at https://www.poet-technologies.com/.
POET's Optical Interposer-based products offer several advantages over comparable solutions, including lower cost, reduced power consumption, smaller size, and scalability to high production volumes. The platform also solves device integration challenges across a broad range of communication, computing and sensing applications beyond the AI sector.
The $150 million offering comes at a time when demand for AI infrastructure continues to grow exponentially, with hyperscale data centers and AI clusters requiring increasingly sophisticated optical solutions to handle massive data transfers. POET's technology positions the company to address the growing need for 800G, 1.6T and above optical engines and modules in next-generation computing environments.
With headquarters in Toronto, Canada, and operations in Singapore, Penang, Malaysia and Shenzhen, China, POET Technologies is positioned to leverage global manufacturing capabilities while serving international markets. The additional funding will enable the company to accelerate its research and development efforts while potentially pursuing strategic acquisitions to strengthen its technology portfolio and market position.
The registered direct offering structure provides POET with immediate access to capital while minimizing market disruption, allowing the company to execute its growth strategy without the volatility often associated with traditional public offerings. This approach demonstrates institutional investor confidence in POET's technology roadmap and market opportunity in the rapidly expanding AI infrastructure sector.
