The company has determined that maintaining the TSXV listing does not form part of its go-forward capital markets strategy. POET will remain a “reporting issuer” in Canada and will continue to provide regular comprehensive disclosure pursuant to applicable Canadian securities laws. Additional information regarding the company’s delisting application will be disseminated in due course.
Key takeaways:
- POET Technologies Inc. has announced its intention to voluntarily delist from the TSX Venture Exchange (TSXV).
- The company's board of directors has approved the delisting and intends to submit an application to the TSXV to complete the process.
- POET's shares will continue to be listed on the Nasdaq Capital Market under the symbol "POET".
- The decision to delist from the TSXV is due to the low trading volume on the exchange and it does not form part of the company's go-forward capital markets strategy.