POET Technologies Announces Approval for Listing on The Nasdaq Capital Market

Trading to Begin Under the Symbol “POET” on Monday, March 14

POET Technologies Inc., the designer and developer of the POET Optical Interposer™ and Photonic Integrated Circuits (PICs) for the data center and tele-communication markets, announced the Company’s common shares have been approved for listing and are expected to begin trading on the Nasdaq Capital Market (“Nasdaq”) under the symbol “POET” on Monday, March 14, 2022.

Download Our Top Whitepaper : Building Reliable and Secure Fintech Systems in 2022

The Company’s shares will continue to trade on the OTCQX under the symbol “POETD” until trading commences on Nasdaq, at which point the Company’s over-the-counter ticker will be retired and automatically replaced with the Company’s new Nasdaq ticker symbol “POET,” without any action required by shareholders. Additionally, the Company will continue to maintain its existing listing and trading symbol “PTK” on the TSX Venture Exchange both prior and subsequent to the trading of shares commencing on Nasdaq. For the avoidance of doubt, no action is required by existing shareholders associated with the Nasdaq listing.

POET Technologies is a design and development company offering integration solutions based on the POET Optical Interposer™, a novel platform that allows the seamless integration of electronic and photonic devices into a single multi-chip module using advanced wafer-level semiconductor manufacturing techniques and packaging methods. POET’s Optical Interposer eliminates costly components and labor-intensive assembly, alignment, burn-in and testing methods employed in conventional photonics. The cost-efficient integration scheme and scalability of the POET Optical Interposer brings value to any device or system that integrates electronics and photonics, including some of the highest growth areas of computing, such as Artificial Intelligence (AI), the Internet of Things (IoT), autonomous vehicles and high-speed networking for cloud service providers and data centers. POET is headquartered in Toronto, with operations in Allentown, PA, Shenzhen, China and Singapore.

Recommended AI News: Reverseads Secures Funding From Choco Up, Asia’s Leading Revenue-based Financing Platform

[To share your insights with us, please write to sghosh@martechseries.com]