Added to YB: 2026-05-18
Pitch date: 2026-05-15
POET [neutral]
POET Technologies Inc.
-23.21%
current return
Author Info
No bio for this author
Company Info
POET Technologies Inc., together with its subsidiaries, designs, develops, manufactures, and sells semiconductor products and services for commercial applications in the United States, Canada, the rest of North and South America, Europe, Malaysia, Singapore, China, and the rest of Asia.
Market Cap
$2.4B
Pitch Price
$17.02
Price Target
N/A
Dividend
N/A
EV/EBITDA
-43.02
P/E
-21.79
EV/Sales
1.4K
Sector
Semiconductors and Semiconductor Equipment
Category
special_situation
POET Purchase Problems
POET (overview): Announced $500M order from Lumilens, but paying 22.9M warrants (15% of company, worth $410M at current prices) to induce purchase. Warrants valued at $13.45-$17.95/share via Black-Scholes. 10% warrants ($40M) immediately exercisable with no purchase obligation. Net cost: POET paying 80%+ of headline $500M order value to secure deal. Effectively a $40M paid press release to offset recent Marvell cancellation.
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