POET Technologies Announces $150 Million Registered Direct Offering to Fuel AI Optical Technology Expansion

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 and is scheduled to close on or about Jan. 23, 2026, subject to customary closing conditions. This capital infusion represents a significant milestone for the company as it seeks to expand its position in the rapidly growing AI infrastructure market.

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 financial move comes at a critical time when demand for advanced optical solutions in AI systems is experiencing unprecedented growth.

POET's technology centers on its patented POET Optical Interposer platform, which enables the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. The company's products are designed to address the bandwidth and latency challenges in AI systems, particularly for chip-to-chip data communication within and between AI servers. More information about POET's technology and products is available on their website at https://www.poet-technologies.com/.

The importance of this $150 million offering extends beyond immediate financial considerations. It signals institutional investor confidence in POET's technology roadmap and market positioning at a time when AI infrastructure requires increasingly sophisticated optical solutions. The company's focus on high-speed optical engines for AI clusters and hyperscale data centers aligns with industry trends toward more efficient, scalable, and cost-effective data transmission solutions. As AI systems become more complex and data-intensive, the demand for POET's integration platform that produces lower-cost, power-efficient products that are smaller in size and readily scalable to high production volumes is expected to increase substantially.

This capital raise enables POET to accelerate its research and development efforts while pursuing strategic acquisitions that could enhance its technological capabilities and market reach. The company operates globally with headquarters in Toronto, Canada, and operations in Singapore, Penang, Malaysia and Shenzhen, China, positioning it to serve international markets effectively. The offering represents a strategic step in POET's evolution from a development-stage company to a commercially focused organization capable of scaling its operations to meet growing market demand for optical integration solutions in AI and data center applications.