POET Technologies Inc. secured $400 million through a registered direct offering of 19 million common shares and warrants to a single institutional investor, priced at $21 per share and warrant combined. The funds will support manufacturing expansion, R&D scaling, corporate development, and general working capital. The offering, closing around May 18, 2026, was priced at a premium to the recent market price. Additionally, POET announced executive leadership changes, including the retirement plan of CFO Thomas Mika and the appointment of Sandeep Kumar as COO. These moves position POET to accelerate growth in the AI and data center photonics market.
The global autoimmune disease therapeutics market is projected to grow from $80.54 billion in 2025 to $137.85 billion by 2035, at a CAGR of 5.52%. Growth is fueled by rising autoimmune disease prevalence, advances in biologics, JAK inhibitors, monocl...
The Vancouver Chinatown Foundation and RBC are hosting Light Up Chinatown! 2026, a free two-day festival on August 8-9 along Columbia Street in Vancouver’s Chinatown. The event features exclusive food collaborations, live music performances, family a...
New research from iSeatz reveals that U.S. travelers are increasingly strategic about travel rewards programs, with 40% treating them as financial optimization tools and 60% belonging to multiple programs. Despite high enrollment, many travelers find...
A regional nonprofit health plan reduced its Transparency in Coverage machine-readable file (MRF) production time from 45 days to less than 24 hours by integrating TALON's platform directly with its claims administration system. This eliminated a com...
ASUS has introduced two new Chromebooks in the US market: the budget-friendly CM15 laptop and the versatile CM32 Detachable 2-in-1 device. Both run on the MediaTek Kompanio 540 processor, offer up to 12 hours of battery life, and feature military-gra...
