SVP Dr. Mo Jinyu to address IFOC on September 8; POET at Booth 13A35, Hall 13, September 9–11, Shenzhen | Source: POET Technologies Inc.
TORONTO, Sept. 04, 2026 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (NASDAQ: POET), the designer and developer of Photonic Integrated Circuits (PICs), light sources and optical modules for the AI and data center markets, today announced that it will exhibit at the 2026 China International Optoelectronic Expo (CIOE), taking place September 9-11, 2026, at the Shenzhen World Exhibition and Convention Center.
Preceding the 27th CIOE, POET’s Senior Vice President, Global Product Development, Dr. Mo Jinyu, will speak to delegates at the 2026 Infostone Optical Communication and Market Technology Conference (IFOC) about “High Power and Multi-wavelength Laser Light Sources for CPO/AI/ML Interconnects.” Her speech will take place on September 8 at 2:50 p.m. local time in the IFOC Forum.
“For 2026, we expect to share details of our continued manufacturing progress and the reasons why a growing number of industry leaders see POET’s wafer-level chip-scale packaging technology as a viable solution to their needs for low-cost, high-power optical interconnects. We will also be discussing the Company’s continued advancements in deploying next-generation applications for AI connectivity in hyperscale data centers,” said Dr. Suresh Venkatesan, POET Chairman and CEO.
CIOE and IFOC are interconnected events that occur each September in Shenzhen. Together, they create the annual convergence of the global optical communications and photonics industries. IFOC runs from September 7 to 8 and CIOE immediately follows. As a premier exhibition spanning the entire optoelectronics industry chain, CIOE brings together over 3,800 leading exhibitors from 30-plus countries and regions. More than 240,000 professional visitors are expected.
About POET Technologies Inc.
POET is a design and development company offering high-speed optical engines, light source products and custom optical modules to the artificial intelligence systems market and to hyperscale data centers. POET’s photonic integration solutions are based on the POET Optical Interposer™, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. POET’s Optical Interposer-based products are lower cost, consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centers, POET has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems. POET’s Optical Interposer platform also solves device integration challenges across a broad range of communication, computing and sensing applications. POET is headquartered in Toronto, Canada, with operations in Singapore, Penang, Malaysia and Shenzhen, China. More information about POET is available on our website at www.poet-technologies.com.
Cautionary Note Regarding Forward-Looking Information
This news release contains "forward-looking information" (within the meaning of applicable Canadian securities laws) and "forward-looking statements" (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as "anticipate", "believe", "expect", "plan", "intend", "potential", "estimate", "propose", "project", "outlook", "foresee" or similar words suggesting future outcomes or statements regarding any potential outcome. Such statements include, without limitation, the Company's expectations with respect to its ability to advance customer and prospective customer relationships, its intention to ramp production, its deployment of capital, its ability to secure supply chain partnerships, its ability to increase sales and recruit new staff, and the Company’s ability overall to advance its business objectives. Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Actual results could differ materially due to a number of factors, including, without limitation, potential changes in the Company’s capital needs, changes in the technological or macroeconomic environment that result in demand for the Company’s products being less than expected, changes in production requirements, inability to source and install capital equipment, inability to find and recruit new staff or to qualify and deliver its products on time, and risks that the Company will not be able to identify or consummate suitable acquisitions and/or partnerships and risks relating to the integration and success of any acquisitions and/or partnerships that are consummated. For further information concerning these and other risks and uncertainties, refer to the Company's filings on SEDAR+ at www.sedarplus.ca and with the U.S. Securities and Exchange Commission at www.sec.gov. Prospective investors in the Company's securities should not place undue reliance on forward-looking statements because the Company can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise the forward-looking information and statements except as required by applicable securities laws.
120 Eglinton Avenue, East, Suite 1107, Toronto, ON, M4P 1E2 - Tel: 416-368-9411 - Fax: 416-322-5075
POET Technologies has experienced a 37% stock price decline, creating a healthier valuation and setting the stage for renewed upside. Following the pullback, POET now trades at a 15-month forward price-to-sales ratio of 13x, which I believe is justified by its robust revenue growth. The company recently delivered a double-beat earnings report with triple-digit percentage revenue growth, signaling potential sentiment turnaround.
A tiny photonics company just landed a massive purchase order from a hyperscaler supplier, and its balance sheet suddenly gives it years to prove whether that deal is the beginning of something enormous or just another false start.
POET Technologies (NASDAQ:POET) is a small-cap photonics designer building optical engines for 400G, 800G, and 1.6T data center interconnects, the plumbing hyperscalers need to move AI traffic without melting their power budgets. With a fresh $50 million purchase order from Lumilens in hand, our proprietary model sees room for a sharp re-rating.
Our 24/7 Wall St. price target for POET is $17.74 over the next 12 months, implying 136.59% upside. The recommendation is buy at medium confidence.
24/7 Wall St. Price Target Summary Metric Value Current Price $7.50 24/7 Wall St. Price Target $17.74 Upside 136.59% Recommendation BUY Confidence Level 50% A Wild Ride From $22 to $7 in One Summer POET is down 9.09% in the past week but up 17.74% over the past month and 32.74% year over year. Shares traded near $22.89 when POET filed its Q1 report in May, then collapsed to a 52-week low of $3.87 low before rebuilding to today’s level (52-week high: $20.81).
The Q2 FY26 report on August 13 was the reset. Revenue of $569,925 grew 112.29% year over year but missed consensus by 17.58%. GAAP EPS came in at -$0.07, in line with estimates.
POET closed the quarter with roughly $796 million in cash and short-term investments after a $400 million May raise at $21 per unit, giving management years of runway to ramp its Malaysia 800G production line by Q3 2027.
Why Bulls See a Path Back to $20 The bull case rests on optical engine scale. POET expects to ship 30,000+ optical engines in 2026, and the Lumilens supply agreement carries potential of $500 million+ over five years after an initial $50 million purchase order. Partnerships with LITEON, Lessengers (a 1.6T module co-developer), and NationGate for Malaysian manufacturing provide commercial anchors.
The AI cluster Ethernet optics market is tracking toward roughly $26 billion in 2026, up 60% year over year, and the in-package optical I/O market is projected to grow at a 41.5% CAGR through 2032.
POET is one slice of the buildout beyond the chipmakers (we broke down seven more suppliers powering, cooling, and connecting AI data centers in a free report here). If POET converts even a modest sliver of that pipeline, the bull scenario of $20.32 looks conservative.
Risks Worth Watching POET carries a $321 million accumulated deficit, 78.7 million warrants outstanding, and a derivative warrant liability that produced a $30.69 million non-cash swing in Q4 25. Earnings misses have been the norm: four of the last five reports were misses with zero beats, and the Q1 26 report drove a -22.36% single-day drop.
Bulls counter that derivative charges are non-cash accounting noise and Q2 26 revenue growth of 112% signals real commercial traction, but execution risk on the $26 million optical engine buildout through 2027 is real. A bear scenario near $12.04 assumes further customer delays.
How POET Compares to Lumentum and Applied Optoelectronics Lumentum (NASDAQ:LITE | LITE Price Prediction) is the scaled incumbent, with a $80.28 billion market cap and Q4 FY26 revenue of $1.006 billion, up 109.3% year over year. POET at a ~$1.3 billion market cap is a bet on the same tailwind an order of magnitude earlier.
Applied Optoelectronics (NASDAQ:AAOI) is the closer analog: a mid-cap transceiver specialist at $9.02 billion in market value with Q2 26 revenue of $191.92 million, up 86.4%, and Q3 guidance of $255 million to $290 million. AAOI proves that a hyperscale-qualified 800G supplier can command a premium multiple, making the 24/7 Wall St. price target on POET reasonable rather than aggressive, provided the Malaysia ramp lands on time.
POET Verdict: Balancing Runway Against Execution Risk My verdict is buy with 50% confidence and a 24/7 Wall St. price target of $17.74. The tipping factor is the balance sheet: $796 million of liquidity buys POET the runway to execute.
The setup improves if the Lumilens purchase order expands and the Malaysia line stays on schedule. The thesis weakens if Q3 revenue misses again and warrant dilution accelerates. For risk-tolerant investors, the risk/reward profile skews favorably on the data available today.
Year 24/7 Wall St. Price Target 2026 $10.04 2027 $17.74 2028 $32.87 2029 $49.69 2030 $66.95 These projections assume POET executes on Malaysia ramp and Lumilens delivers on its $500 million potential. Significant upside or downside could result from hyperscaler qualification wins or further equity dilution.
Contact [email protected] for any questions or corrections.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of POET either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Optical computing has become one of the most closely watched sub-themes in the AI infrastructure buildout, and few pure-plays sit closer to the bleeding edge than POET Technologies (NASDAQ:POET).
At $9.40, the stock trades well below its 52-week high of $20.81 yet remains valued as if commercial scale is treated as inevitable. Our 24/7 Wall St. price target for POET is $21.14, implying 124.89% upside. Our recommendation is buy with medium confidence.
24/7 Wall St. Price Target Summary Metric Value Current Price $9.40 24/7 Wall St. Price Target $21.14 Upside 124.89% Recommendation BUY Confidence Level 50% A Volatile Year and a Cash-Fortified Balance Sheet POET has been volatile. Shares are up 86.51% over the past year and 48.5% year to date, but the path included a spike to nearly $15.97 in May 2026 and a slide back toward single digits.
Q2 FY26 revenue came in at $569,925, up 112.29% year over year but missing expectations by 17.58%. GAAP EPS of -$0.07 was in line with estimates. POET closed the quarter with roughly $796 million in combined cash and short-term investments after a $400 million registered offering at $21 per unit. Execution risk remains, but funding risk is off the table.
Why Bulls See a Breakout Ahead The bull thesis rests on commercial validation of the Optical Interposer platform. The Lumilens deal anchors the case: an initial $50 million purchase order for EOI-based optical engines, with framework potential of $500 million-plus over five years. Joint development with LITEON ties to a 1.6T optical module, and management targets ship 30,000-plus optical engines in 2026.
AI cluster Ethernet optics is projected at $26 billion in 2026, roughly 60% YoY growth (we profiled seven of the non-chip suppliers riding this same buildout in a free AI infrastructure report). Our bull-case scenario points to $22.02 on a one-year view.
What Could Go Wrong POET carries an accumulated deficit of roughly $321 million, 78.7 million warrants outstanding, and a price-to-sales ratio of 965. That valuation leaves no room for slippage, and the last three quarters all missed revenue consensus.
Bulls counter that miss magnitudes are shrinking as production ramps and the balance sheet now supports Malaysia capacity expansion without dilution pressure. Our bear-case target sits at $14.08, which still implies positive returns from current levels.
How POET Compares to Credo and Applied Optoelectronics Credo Technology (NASDAQ:CRDO | CRDO Price Prediction) is the closest “what POET wants to become” comparison. Credo posted Q4 FY26 revenue of $437 million, up 157% YoY, and carries a market cap near $52.7 billion. That is roughly 32x POET’s $1.65 billion valuation on materially proven revenue, which frames POET’s target as ambitious yet achievable if design wins convert.
Applied Optoelectronics (NASDAQ:AAOI) is the operational analog. AAOI delivered Q2 FY26 revenue of $191.9 million, up 86% YoY, with 800G volumes doubling sequentially. At a $13.1 billion market cap, AAOI shows what happens when a photonics name clears the qualification hurdle. The peer set supports our 24/7 Wall St. price target as a defensible base case.
POET Price Prediction 2026-2030 Our 24/7 Wall St. price target of $21.14 backs a buy rating at medium confidence. The scale tips on the Lumilens ramp and Malaysia capacity coming online.
The bullish scenario builds on POET showing sequential revenue acceleration into Q4 with visible progress on 800G production. The bearish scenario materializes if another quarter misses consensus by double digits and warrant dilution accelerates.
Year 24/7 Wall St. Price Target 2026 $21 2027 $32 2028 $48 2029 $65 2030 $87 These projections assume POET converts its Lumilens framework and Malaysia capacity into revenue at scale. Significant upside or downside could result from execution on 800G production timing and continued AI capex velocity.
Contact [email protected] for any questions or corrections.
Shares of POET Technologies Inc. (NASDAQ:POET – Get Free Report) traded up 8% during trading on Friday . The stock traded as high as $9.49 and last traded at $9.6230. 4,674,172 shares were traded during mid-day trading, a decline of 80% from the average session volume of 23,376,996 shares. The stock had previously closed at $8.91.
Analysts Set New Price Targets A number of research firms have weighed in on POET. Weiss Ratings reiterated a “sell (d-)” rating on shares of POET Technologies in a research note on Friday, July 17th. Wall Street Zen upgraded shares of POET Technologies from a “sell” rating to a “hold” rating in a research note on Saturday. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, POET Technologies presently has a consensus rating of “Sell” and an average target price of $8.00.
Get Our Latest Stock Report on POET
POET Technologies Trading Up 7.5% The business has a 50-day moving average price of $9.25 and a 200 day moving average price of $8.74. The stock has a market cap of $1.47 billion, a PE ratio of -16.52 and a beta of 0.81.
POET Technologies (NASDAQ:POET – Get Free Report) last posted its quarterly earnings results on Thursday, August 13th. The company reported ($0.07) earnings per share for the quarter, hitting the consensus estimate of ($0.07). POET Technologies had a negative return on equity of 19.33% and a negative net margin of 4,423.13%.The company had revenue of $0.57 million during the quarter, compared to the consensus estimate of $0.50 million. During the same quarter in the prior year, the company earned ($0.21) EPS. On average, equities analysts predict that POET Technologies Inc. will post -0.24 earnings per share for the current year.
Hedge Funds Weigh In On POET Technologies Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Advisory Services Network LLC bought a new stake in shares of POET Technologies in the third quarter valued at approximately $25,000. Quarry LP purchased a new stake in shares of POET Technologies during the 4th quarter valued at approximately $29,000. Coldstream Capital Management Inc. bought a new position in POET Technologies in the 3rd quarter worth approximately $55,000. Shelton Wealth Management LLC bought a new position in POET Technologies in the 1st quarter worth approximately $59,000. Finally, PNC Financial Services Group Inc. bought a new position in POET Technologies in the 1st quarter worth approximately $59,000. Institutional investors own 1.99% of the company’s stock.
POET Technologies Company Profile (Get Free Report)
POET Technologies Inc is a Canadian fabless semiconductor company focused on the development and commercialization of integrated silicon photonics platforms. Leveraging proprietary POET Optical Interposer™ technology, the company designs and manufactures optical input/output (I/O) solutions that enable high-bandwidth, low-power data transmission between electronic chips and fiber-optic networks. By integrating optical waveguides, lasers, detectors and electronic drivers onto a single chip, POET aims to address the growing demand for faster, more energy-efficient data connectivity in telecommunications, data centers and high-performance computing applications.
The company’s core products include silicon photonics interposer arrays, active optical cables and optical transceiver modules.
Read More Five stocks we like better than POET Technologies Is Best Buy the AI Winner Hiding in the Electronics Aisle? Applied Materials Beat Everything but Wall Street’s Expectations for Margins Back From Orbit, Intuitive Machines’ Share Price Enters the Buy Zone Texas Roadhouse and Brinker International Have the Recipe Rivals Are Missing Receive News & Ratings for POET Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for POET Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINECitigroup Lowers BTGO (NYSE:BTGO) Price Target to $10.00
NEXT HEADLINE »AXT (NASDAQ:AXTI) Shares Up 9.6% – Should You Buy?
POET Technologies Inc. (NASDAQ:POET) shares are rising Thursday. The photonic chipmaker beat estimates on both revenue and earnings in its second-quarter report and disclosed new customer orders tied to its optical chip business. Here’s what you should know.
POET Technologies shares are trending higher. Why are POET shares climbing? POET Beats Estimates As Revenue Growth Streak ContinuesPOET reported a second-quarter loss of 7 cents per share, narrower than the 8-cent loss analysts had expected and an improvement from a 21-cent loss in the same period last year. Revenue came in at almost $570,000 topping the $500,000 estimate and more than doubling the $268,469 the company generated a year earlier.
It marked the company’s sixth consecutive quarter of sequential revenue growth, with net loss narrowing to $11.3 million from $12.3 million in the first quarter. POET ended the quarter with $796.3 million in cash and short-term investments after closing a $400 million financing round in May.
CEO Suresh Venkatesan said the quarter reflected the company’s shift from development to revenue generation, pointing to the continued revenue growth, the narrower loss and an optical engine production ramp that remains on track for the second half of 2026.
POET’s Lumilens Partnership Takes ShapeThat Lumilens partnership Venkatesan referenced became one of the quarter’s biggest developments. POET signed a supply agreement with Lumilens establishing a joint development and commercial partnership focused on wafer-level photonic integration for AI infrastructure. As part of that deal, Lumilens placed an initial purchase order worth $50 million for POET’s optical interposer-based engines, an order the companies said could grow into a relationship worth more than $500 million over five years.
POET backed that growth with a fresh round of capital, closing a registered direct offering during the quarter that issued 19,047,620 units at $21 each for gross proceeds of approximately $400 million, priced at a premium to the stock’s market price at the time. Each unit included a common share and a warrant exercisable at $26.25 through May 2029.
POET Shares Are ClimbingPOET Price Action: POET shares were up 2.48% at $9.09 at the time of publication on Thursday, according to Benzinga Pro.
Read Next
Image: Shutterstock
Market News and Data brought to you by Benzinga APIs
Net loss narrows to ($0.07) per share; quarter-end cash and short-term investments of $796.3 million Net loss narrows to ($0.07) per share; quarter-end cash and short-term investments of $796.3 million
POET Technologies (NASDAQ:POET) is a leading AI photonics story on the Nasdaq with real momentum heading into earnings. A fortress balance sheet, marquee Lumilens contract, and Malaysia production ramp moving from plans to shipments create an asymmetric risk/reward.
Our 24/7 Wall St. price target for POET is $21.14, implying 146.96% upside from $8.56. Our recommendation is buy at medium confidence.
24/7 Wall St. Price Target Summary Metric Value Current Price $8.56 24/7 Wall St. Price Target $21.14 Upside 146.96% Recommendation BUY Confidence Level 50% Stock Performance and Q1 2026 Results POET shares are up 35.23% year to date and 55.92% over the past year, though trading 16% below the 52-week high of $20.81.
Q1 2026 revenue of $503,390 beat estimates by 44.66% and grew 201.9% year over year. The reported loss of $0.08 missed the $0.04 loss consensus as warrant gains normalized.
Recent catalysts cut both ways. A board refresh adding Dr. Bardia Pezeshki and Jean F. Rankin sent shares up 6.24% in early August. Lumilens closing a $700 million funding round validated POET’s largest customer relationship. Offsetting that: class action lawsuits tied to PFIC disclosures and the Celestial AI purchase order cancellation earlier this summer.
The Bull Case POET expects to ship more than 30,000 optical engines in 2026, with high-volume 800G production beginning Q3 2026 at the Malaysia facility. The Lumilens agreement carries a $50 million initial purchase order with potential to exceed $500 million over five years. Management flagged 10+ active customer engagements projected to generate more than $100 million in future annual revenue.
The balance sheet is unusually strong for a company this size, with $815.7 million in pro forma liquidity. One analyst issued a Buy rating with a $20.25 price target. The bull case scenario points to $22.02 over 12 months.
What Could Go Wrong The bear case starts with dilution. POET raised $830 million in equity this year, with another $661 million in potential warrant exercises pending. Litigation over PFIC status and the Celestial AI cancellation remain overhangs. A material weakness in internal controls disclosed in the 2024 audit adds risk.
Bulls counter that the redomicile to the U.S. structurally eliminates the PFIC issue, and capital raises enable the Malaysia ramp. The bear scenario still lands at $14.08, above today’s price.
How POET Compares to Peers Lumentum (NASDAQ:LITE | LITE Price Prediction) is the direct benchmark on 800G/1.6T transceiver optics and generates profits, giving it a meaningful forward P/E where POET has none. That contrast makes POET’s price-to-sales ratio of 1089 look aggressive on today’s revenue base. Our $21.14 target is entirely a bet on the 2027 revenue ramp.
Coherent (NYSE:COHR) has a much larger optical portfolio and diversified end markets. Coherent’s scale highlights POET’s execution risk: hyperscalers prefer proven vendors. Against these peers, our $21.14 target looks reasonable if Malaysia hits volume, and aggressive if it slips a quarter.
POET Technologies Price Prediction 2026-2030 The $21.14 price target and buy rating at medium confidence reflect a real asymmetric setup.
The thesis strengthens if Q3 2026 confirms 800G volume production and Lumilens shipments hit schedule. It weakens if the August 14 report shows customer qualification slippage or a fresh dilutive raise beyond current warrants. The Lumilens contract tips the scale.
Year 24/7 Wall St. Price Target 2026 $11.74 2027 $21.00 2028 $39.57 2029 $62.31 2030 $86.20 These projections assume POET executes on its 1 million units per month capacity target by end of 2027 and converts its customer pipeline into recurring revenue. Significant downside could result from litigation, dilution, or Malaysia ramp delays.
Contact [email protected] for any questions or corrections.
August 03, 2026 08:01 ET | Source: POET Technologies Inc.
TORONTO, Aug. 03, 2026 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (NASDAQ: POET), the designer and developer of Photonic Integrated Circuits (PICs), light sources and optical modules for the AI and data center markets, today announced the appointments of Dr. Bardia Pezeshki and Jean F. Rankin to its Board of Directors, effective August 1, 2026. The new directors will serve until the Company’s next annual meeting of shareholders or until their successors are duly elected or appointed. In addition, the Company accepted the resignation, for personal reasons, of Jean-Louis Malinge, who has served on the board of POET Technologies since 2017. Mr. Malinge’s resignation was effective August 1, 2026.
Dr. Pezeshki is a technology executive, entrepreneur and recognized innovator in optical communications, semiconductor devices and advanced interconnect technologies. Most recently, he served as Founder, Chief Executive Officer and Chief Technology Officer of Avicena Tech, where he pioneered micro-LED-based optical interconnect solutions for artificial intelligence and high-performance computing systems. He previously founded and led Kaiam Corporation and Santur Corporation, commercializing advanced optical transceivers and tunable laser technologies for data center and telecommunications applications. Earlier in his career, Dr. Pezeshki held senior research and development positions at SDL Inc. and IBM’s T.J. Watson Research Center. He holds a Ph.D. in Electrical Engineering from Stanford University and a Bachelor of Science in Physics from Harvey Mudd College.
Ms. Rankin is an experienced public company director and former senior legal executive with extensive expertise in corporate governance, intellectual property, mergers and acquisitions, securities regulation and executive compensation. She currently serves on the Board of Directors of InterDigital, Inc., where she chairs the Compensation Committee and is a member of the Nominating and Governance Committee. She previously served on the Board of Directors of Resonant, Inc., including as Chair of its Compensation Committee and as a member of its Audit and Nominating and Governance Committees. Ms. Rankin also served as Executive Vice President, Secretary and General Counsel of LSI Corporation and Agere Systems Inc., following senior legal roles at Lucent Technologies and AT&T. She holds a Juris Doctor, cum laude, from the University of Pennsylvania Law School and a Bachelor of Arts with High Distinction from the University of Virginia.
POET’s Chairman and Chief Executive Officer, Dr. Suresh Venkatesan, commented: “We are pleased to welcome Bardia and Jean to POET’s Board of Directors. Bardia brings exceptional technical and commercial expertise in photonics, optical interconnects and semiconductor innovation, together with a proven record of building and scaling technology businesses. Jean brings extensive public company, legal and governance experience, including significant expertise in intellectual property, strategic transactions and executive oversight. Their complementary experience will be highly valuable as POET advances the commercialization of its technology and expands its position in the rapidly growing artificial intelligence and data center markets.”
Dr. Venkatesan continued, “On behalf of the Company and myself, I would like to express my deep gratitude to Jean-Louis for his tireless service on our board of directors over the past nine years. As an entrepreneur turned venture capitalist, Jean-Louis understood better than most the challenges of founding a company, turning an idea into new technology, and maintaining a singular vision of what that company could become. Our board, management team, employees, shareholders and I owe him a profound debt of gratitude for helping make POET the company it is today.”
RSU Grant
In connection with their appointments to the Board of Directors, Dr. Pezeshki and Ms. Rankin will each receive restricted stock units (“RSUs”) in accordance with the Company’s established director compensation program and the provisions of the Company’s omnibus incentive plan. Both directors have been awarded 21,460 RSUs which will vest on June 26, 2027. The RSUs were granted subject to provisions of the Company’s 2026 Omnibus Incentive Plan.
About POET Technologies Inc.
POET is a design and development company offering high-speed optical engines, light source products and custom optical modules to the artificial intelligence systems market and to hyperscale data centers. POET's photonic integration solutions are based on the POET Optical Interposer™, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. POET's Optical Interposer-based products are lower cost, consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centers, POET has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems. POET's Optical Interposer platform also solves device integration challenges across a broad range of communication, computing and sensing applications. POET is headquartered in Toronto, Canada, with operations in Singapore, Penang, Malaysia and Shenzhen, China. More information about POET is available on our website at www.poet-technologies.com.
Cautionary Note Regarding Forward-Looking Information
This news release contains "forward-looking information" (within the meaning of applicable Canadian securities laws) and "forward-looking statements" (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as "advances", "significant”, "commercialization", "expands" or similar words suggesting future outcomes or statements regarding any potential outcome. Such statements include, without limitation, the Company's expectations with respect to its ability to advance customer and prospective customer relationships, its intentions to ramp production, its deployment of capital, its ability to secure supply chain partnerships, to increases sales, recruit new staff, and the Company’s ability overall to advance its business objectives. Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Actual results could differ materially due to a number of factors, including, without limitation, potential changes in the Company’s capital needs, changes in the technological or macroeconomic environment that results in demand for the Companies products being less than expected, changes in production requirements, inability to source and install capital equipment, inability to find and recruit new staff or to qualify and deliver its products on time, and risks that the Company will not be able to identify or consummate suitable acquisitions and/or partnerships and risks relating to the integration and success of any acquisitions and/or partnerships that are consummated.
For further information concerning these and other risks and uncertainties, refer to the Company's filings on SEDAR+ at www.sedarplus.ca and with the U.S. Securities and Exchange Commission at www.sec.gov. Prospective investors in the Company's securities should not place undue reliance on forward-looking statements because the Company can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise the forward-looking information and statements except as required by applicable securities laws.
120 Eglinton Avenue, East, Suite 1107, Toronto, ON, M4P 1E2- Tel: 416-368-9411 - Fax: 416-322-5075
POET Technologies' governance issues and the Marvell partnership loss damaged its credibility, but the long-term AI optical connectivity opportunity remains fundamentally intact. POET secured a $50 million Lumilens purchase order with a framework that could exceed $500 million if production scales successfully. The $400 million capital raise significantly strengthened the balance sheet, shifting investor focus from financing risk to execution risk.
POET Technologies (NASDAQ:POET) builds optical interposers and photonic engines that let hyperscale data centers move data with light instead of copper. Revenue jumped 201.86% year over year in Q1 2026, yet shares are stuck at $8.33. Can POET shares hit $25 by 2027?
Why POET Shares Are Stuck Despite Explosive Revenue Growth The setup looks bullish on paper. POET is up 18.01% YTD, but the recent price action has broken down badly: down 6.63% in the past week and down 38.52% over the past month.
Multiple class action complaints filed in late June 2026 allege POET misrepresented its Passive Foreign Investment Company status, and separate filings tie in a confidentiality breach by CFO Thomas Mika that reportedly caused Celestial AI (now part of Marvell) to cancel purchase orders.
CEO Mika announced his retirement on July 8, 2026. Add a $400 million direct offering announced July 8 and dilution fear stacks on governance fear. Beta of 0.764 understates the actual volatility here.
Wall Street Sees Roughly 110% Upside. Our Model Says More The Street’s consensus 12-month target sits at $17.50, backed by one Buy rating, zero Holds, and zero Sells. Bullish sentiment among covering analysts is 100%. Our base case for 2027 is more aggressive at $22.23, implying 166.87% upside, with a bull case of $22.89 and a bear case of $16.61. Confidence on that base case is moderate at 0.5.
Wall Street anchors too heavily on the single covering analyst and ignores the Lumilens deal’s optionality. With only one sell-side voice, the consensus is thin. That gap is exactly why a $25 stretch target is worth stress testing.
The Path to $25 Per Share Reaching $25 from today’s price of $8.33 would require a gain of 200.1%. With forward EPS of -$0.88, a price of $25 implies a forward P/E of -28x. That number is not usable in a traditional sense because POET is not yet profitable. The story rests on revenue scale rather than P/E compression.
The bull thesis: POET converts its Lumilens design win into recurring revenue as its Malaysia facility ramps to high-volume 800G production in Q3 2026 and targets more than 30,000 optical engine shipments in 2026.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Poet Technologies didn't make the cut. Grab the names FREE today.
CEO Suresh Venkatesan called it “an important commercial milestone… establishes the framework for what we believe could become a substantial long-term supplier relationship supporting frontier AI infrastructure”.
Risk: continued dilution or a customer qualification miss guts the ramp.
Where POET Trades Today vs Its Earnings Power POET is a revenue-scale story, not yet a P/E story. It trades at a price-to-book multiple of about 3x, below the semiconductor industry average, with roughly $430 million in cash providing runway.
Shares sit inside a 52-week range of $3.87 to $20.81, closer to the lows than the highs. The 10-year total return is a modest 10.78%. It is a call option on Malaysia execution and AI networking demand. If the 800G ramp lands and Lumilens scales, the current market cap looks small versus the revenue POET could book by late 2027.
Is $25 Realistic? Here’s My Take Hitting $25 by 2027 requires a gain of 200.1% from here, a stretch scenario rather than a base case.
Three things need to go right: the Malaysia facility must hit high-volume 800G production on schedule, Lumilens must convert its $50 million initial order into follow-on business, and the class action overhang must fade. What derails it is another dilutive raise before revenue scales. We’ve outlined the blueprint for how Poet Technologies could reach $25 in 2027.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Poet Technologies didn't make the cut. Grab the names FREE today.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of POET either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
POET Technologies (NASDAQ:POET) trades at $8.46, well off its 52-week high of $20.81. Our 24/7 Wall St. price target for POET is $22.23, implying 162.86% upside over the next 12 months.
We rate the stock a buy, with a 50% confidence level. Confidence is deliberately moderate: this is a pre-revenue photonics story with a big TAM, real customer wins, and equally real governance and execution risks.
24/7 Wall St. Price Target Summary Metric Value Current Price $8.46 24/7 Wall St. Price Target $22.23 Upside 162.86% Recommendation BUY Confidence Level 50% From a May Blowoff to a Litigation-Driven Reset POET is up 26.38% year to date, but shares are down 10.61% in the past week and 36.15% in the past month after peaking near $20 in May.
Q1 FY26 revenue rose 201.9% year over year to $503,389, beating estimates by 44.66%, though EPS came in at -$0.08, missing expectations. The bigger story was the Lumilens supply agreement with an initial $50 million purchase order and potential to scale beyond $500 million over five years.
Sentiment deteriorated on multiple class action filings tied to PFIC tax disclosures and the cancellation of Celestial AI purchase orders. Offsetting that, Citadel disclosed a 5.1% to 5.9% stake and Jane Street a 6.8% stake, signaling institutional conviction into the drawdown.
The Case for $22 and Beyond The bull case rests on manufacturing conversion. Management guided to shipping more than 30,000 optical engines in 2026, with high-volume light source production in Q2 and 800G engines in Q3 from Malaysia.
CEO Suresh Venkatesan called the Lumilens deal “an important commercial milestone… establishing the framework for what we believe could become a substantial long-term supplier relationship supporting frontier AI infrastructure.”
With approximately $430 million in cash, POET is funded to execute. Exposure to a $9.8 billion 800G transceiver market by 2032 at 22.8% CAGR gives the bull scenario oxygen. Our bull case one-year target is $22.89.
July 16 is the Final Day to Tap Into the Lithium Boom (sponsor)
General Motors, POSCO, and 50,000+ everyday investors have already backed lithium producer EnergyX.
Here's why you should do the same before their July 16 investment deadline: lithium prices are up 75% this year, with demand projected to grow a staggering 5X by 2040.
With tech that can recover up to 3X more lithium than traditional methods, EnergyX is preparing to unlock up to 15M+ tons. Become a private-stage EnergyX investor before the July 16 deadline.
What Could Go Wrong POET carries an accumulated deficit of roughly $291 million and a material weakness in internal controls identified in the 2024 audit. Multiple securities class actions have been filed.
Bulls counter that Q4 FY25’s $42.67 million net loss was driven largely by a $30.69 million non-cash warrant fair value adjustment, a non-operating item, and the planned U.S. redomiciliation eliminates the PFIC overhang. Still, our bear case target of $16.61 assumes ramp slippage and lingering legal drag.
How POET Compares to Lumentum and Coherent Lumentum (NASDAQ:LITE | LITE Price Prediction) is a direct optical peer and the go-to benchmark for commercial scale. Lumentum operates at meaningful commercial scale with multibillion-dollar annual revenue and positive non-GAAP EPS. Its market cap sits near $60 billion versus POET at $1.46 billion. That gap is exactly the bull thesis on POET and the execution mountain the target implies.
Coherent (NYSE:COHR) offers a valuation contrast. Coherent generates multibillion-dollar quarterly revenue, has secured a significant strategic investment from NVIDIA, and joined the S&P 500. Its scaled cash flow makes POET’s pre-revenue multiple look demanding. Against these two, our $22.23 target looks reasonable given POET’s small base and optionality on the Lumilens ramp.
POET Price Prediction 2026-2030 The 24/7 Wall St. price target for POET is $22.23, a buy rating at 50% confidence. The tipping factor is the H2 2026 Malaysia ramp: if 800G engines and light source shipments land on schedule, re-rating is likely. The setup favors accumulation on weakness if Q2 shows shipments tracking toward the 30,000-unit target. Caution is warranted if class actions escalate or redomiciliation slips.
Our model projects POET could trade if execution holds:
Year 24/7 Wall St. Price Target 2026 $22.23 2027 $34.00 2028 $52.00 2029 $78.00 2030 $125.44 These projections assume POET converts its pipeline into recurring revenue and clears its governance overhang. Significant upside could come from a full Lumilens $500 million ramp; downside would follow ramp delays or dilutive capital raises.
Meet America's Newest $1b Unicorn (Sponsor) A US startup just passed a $1 billion private valuation, joining billion-dollar private companies like OpenAI and ByteDance. Unlike those other unicorns, you can invest in EnergyX right now; but only until July 16.
Over 50,000 people already have, along with global giants like General Motors and POSCO.
Here's why there's so much interest: EnergyX's patented tech can recover up to 3X more lithium than traditional methods. That's a big deal, as demand for lithium is expected to 5X current production levels by 2040. Become an early-stage EnergyX shareholder before the 7/16 investment deadline.
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
AI data center operators are staring down a bandwidth wall, and the fastest way over it runs through glass, not copper. Coherent alone just reported its Datacenter & Communications segment hit $1.362 billion in revenue, up 40.6% year-over-year, now 75% of total revenue versus 41% pro forma a year earlier. That is the shape of a spending wave that has not crested. Here are the five optical chip names positioned to catch it.
1. POET Technologies (The Surprise Lead) POET Technologies (NASDAQ:POET) is the smallest name on this list and the one with the most torque to the 800G/1.6T transition. Its Optical Interposer platform packages lasers, detectors, and photonic ICs onto a single substrate, exactly the kind of integration hyperscalers need to hit next-generation bandwidth without frying their power budgets. The story is no longer purely speculative: management now says it expects to ship more than 30,000 optical engines in 2026, with high-volume 800G production beginning in Q3 2026 from Malaysia.
The numbers are early but the slope is steep. Q1 FY26 revenue came in at $503,389, up 201.9% year-over-year, beating the $347,970 estimate by 44.66%. The Lumilens supply agreement is anchored by an initial $50 million purchase order for EOI-based optical engines, with potential to scale beyond $500 million over five years. And POET ended the last reported period with roughly $430 million in cash after raising about $375 million gross, meaning the ramp is funded.
Shares are up 16.06% year to date even after falling 24.32% over the past month. The pullback is where the asymmetry lives. The obvious question: Who is capturing the volume that POET is only beginning to feed?
2. Coherent (The Heavyweight) Coherent (NYSE:COHR | COHR Price Prediction) is the name every institutional desk already owns. It is the largest merchant supplier of optical transceivers into hyperscale data centers, the recipient of a $2 billion NVIDIA investment tied to US manufacturing, and a fresh addition to the S&P 500. When Jensen Huang talks about scaling AI infrastructure, this is one of the two or three companies that physically has to say yes.
The most recent quarter tells the story in three data points. Revenue reached $1.805 billion, up 20.5% year-over-year. The Datacenter & Communications segment specifically grew 40.6% year-over-year to $1.362 billion, or 75% of total revenue. And non-GAAP operating margin expanded to 20.3% from 18.6% a year earlier, with management guiding Q4 FY26 revenue to $1.91 billion to $2.05 billion.
Shares are up 66.98% year to date and 246.24% over the past year. The stock trades at roughly 38x forward earnings, which is what leadership costs. Owning the merchant leader is the safe way to play the theme. Owning the manufacturer behind the merchant leader is a different trade entirely.
3. Fabrinet (The Picks and Shovels) Fabrinet (NYSE:FN) does not design chips. It builds them, in exacting volume, for the companies that do. Fabrinet is the contract manufacturer behind a startling share of the world’s high-speed optical transceivers, and its book has been dominated by NVIDIA’s networking silicon and AWS-linked datacom programs. When hyperscalers order more 800G and 1.6T ports, Fabrinet’s line utilization is the tell.
Q3 FY26 revenue came in at $1.214 billion, up 39.29% year-over-year and beating estimates by 2.22%, with non-GAAP EPS of $3.72, a beat of 4.42%. It is the fourth consecutive quarter of EPS beats. Capex nearly doubled to $63.76 million, up 121.35% year-over-year, which is management shouting, without a press release, that customer demand is filling their forward capacity.
July 16 is the Final Day to Tap Into the Lithium Boom (sponsor)
General Motors, POSCO, and 50,000+ everyday investors have already backed lithium producer EnergyX.
Here's why you should do the same before their July 16 investment deadline: lithium prices are up 75% this year, with demand projected to grow a staggering 5X by 2040.
With tech that can recover up to 3X more lithium than traditional methods, EnergyX is preparing to unlock up to 15M+ tons. Become a private-stage EnergyX investor before the July 16 deadline.
The stock is down 1.73.% this year but up 62.88% over the past year. It has pulled back nearly 19% in the last month. The average analyst price target sits at $749.11. This is the entry window that only shows up when the market briefly forgets what the capex line is signaling. Now for the name most investors wrote off two years ago.
4. IPG Photonics (The Turnaround With a Second Act) IPG Photonics (NASDAQ:IPGP) built its empire on high-power fiber lasers for industrial welding and cutting. That legacy is why the stock is still down 47.91% over five years. But under a new CEO, IPG is redeploying its laser and semiconductor stack into medical, defense, and micromachining, and its fiber and pump-laser expertise is quietly finding its way into next-generation datacenter photonics roadmaps. The market is starting to reprice the option.
Q1 FY26 revenue reached $265.5 million, up 16.6% year-over-year and beating estimates by 3.33%, with emerging growth products now 53% of revenue. Book-to-bill has stayed firmly above one for a second consecutive quarter, and North America revenue rose 27% year-over-year. The board just authorized a new $100 million buyback, and R&D climbed to $33.3 million from $28.3 million, a rare combination of capital return and reinvestment.
Shares are up 43.95% year to date and 43.56% over the past year, with an average analyst price target of $130.50. If you are looking for a Coherent-like re-rating that has not fully played out, this is the mirror image. And it sets up the payoff.
5. nLIGHT (The Payoff) nLIGHT (NASDAQ:LASR) is the trade that hides in plain sight. On paper it is a defense laser company, and yes, it just unveiled a 70kW-class laser weapon system. But the fiber laser and semiconductor laser technology that arms directed-energy platforms is the same physics that pumps the optical engines feeding hyperscale AI clusters. nLIGHT sits at the intersection of two of the most inelastic spending buckets in the market: Pentagon directed-energy and AI infrastructure.
The Q1 FY26 print was the loudest on this list. Revenue hit $80.18 million, up 55.2% year-over-year, beating by 11.15%. Non-GAAP EPS came in at 22 cents versus the 8 cents expected, a beat of 160.66%. Aerospace & Defense revenue reached $55.13 million, up 68.6% year-over-year, with defense product revenue nearly doubling to a record $33.10 million. Gross margin expanded to 33.1% from 26.7%, and adjusted EBITDA swung to $13.83 million from $0.116 million.
The stock is up 87.78% year to date and 287.99% over the past year, with the average analyst target at $89.29. CEO Scott Keeney flagged a “pipeline of directed energy opportunities” that has not yet fully hit the income statement. The datacenter angle is the free option nobody is charging for yet.
The Setup The AI datacenter bandwidth story is not a single-name trade. It is a stack: interposer engines (POET), merchant transceivers (Coherent), contract manufacturing (Fabrinet), fiber laser reinvention (IPG), and the defense-plus-datacenter wild card (nLIGHT). Coherent’s segment growth, Fabrinet’s capex doubling, and nLIGHT’s triple-digit EPS surprise are all pointing at the same underlying reality: the pipe between GPUs is where the next leg of AI capex lands. The window to position ahead of the next round of hyperscaler capex announcements is narrower than the pullbacks suggest.
Meet America's Newest $1b Unicorn (Sponsor) A US startup just passed a $1 billion private valuation, joining billion-dollar private companies like OpenAI and ByteDance. Unlike those other unicorns, you can invest in EnergyX right now; but only until July 16.
Over 50,000 people already have, along with global giants like General Motors and POSCO.
Here's why there's so much interest: EnergyX's patented tech can recover up to 3X more lithium than traditional methods. That's a big deal, as demand for lithium is expected to 5X current production levels by 2040. Become an early-stage EnergyX shareholder before the 7/16 investment deadline.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in POET over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
TORONTO, June 30, 2026 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (NASDAQ: POET), the designer and developer of Photonic Integrated Circuits (PICs), light sources and optical modules for the AI and data center markets, today reported the voting results of its Annual General Meeting (the “AGM”), which was held virtually on Friday, June 26, 2026, and recapped highlights from the presentation given by Chairman & CEO Dr. Suresh Venkatesan.
NEW YORK--(BUSINESS WIRE)---- $POET #ClassAction--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against POET Technologies, Inc. (“POET Technologies” or the “Company”) (NASDAQ: POET) and reminds investors of the June 29, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Geor.
New York, New York--(Newsfile Corp. - June 29, 2026) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against POET Technologies Inc. (NASDAQ: POET) and certain of its officers.
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired POET Technologies Inc. securities between April 1, 2026 and April 27, 2026, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/POET.
POET Technologies Inc. Case Details
The Complaint alleges that the Defendants made false and/or misleading statements and/or failed to disclose that:
POET misrepresented its tax status due to it likely being deemed a passive foreign investment company (or "PFIC") under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; the foregoing tax issue would, if discovered, make POET a less attractive investment than it would otherwise be, thus threatening POET's valuation; Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET's business agreements in a public interview, thus endangering POET's business prospects, and as a result, Defendants' statements about POET's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.What's Next for POET Technologies Inc. Investors?
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/POET, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in POET Technologies Inc. you have until June 29, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.
No Cost to POET Technologies Inc. Investors
We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman, LLC for POET Technologies Inc. Securities Class Action?
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com
"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.
Follow us for updates on LinkedIn, X, Facebook, or Instagram.
Attorney advertising.
Prior results do not guarantee similar outcomes.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/294979
Source: Bronstein, Gewirtz & Grossman, LLC
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against POET Technologies Inc. ("POET" or "the Company") (NASDAQ: POET) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of POET during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: April 1, 2026 to April 27, 2026
DEADLINE: June 29, 2026
CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. The likelihood of POET being declared a passive foreign investment company ("PFIC") led it to misrepresenting its tax status. Based on these facts, POET's public statements were false and materially misleading throughout the class period.
If you are a shareholder who suffered a loss, contact us to participate.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
Join the case to recover your losses.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: [email protected]
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against POET Technologies Inc. ("POET" or "the Company") (NASDAQ: POET) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between April 1, 2026, and April 27, 2026, inclusive (the "Class Period"), are encouraged to contact the firm before June 29, 2026.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. POET misrepresented its tax status due to the likelihood it would be deemed a passive foreign investment company ("PFIC"), which would have negative tax implications for individual investors. The Company's business prospects were endangered by CFO Thomas Mika violating a business agreement in a public interview. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about POET, investors suffered damages.
Join the case to recover your losses
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]
New York, New York--(Newsfile Corp. - June 28, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of POET Technologies Inc. (NASDAQ: POET) between April 1, 2026 and 08:57 AM ET on April 27, 2026, inclusive (the "Class Period"), of the important June 29, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.
SO WHAT: If you purchased POET Technologies securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the POET Technologies class action, go to https://rosenlegal.com/submit-form/?case_id=62524 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 29, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) POET Technologies misrepresented its tax status due to it likely being deemed a passive foreign investment company (or "PFIC") under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; (2) the foregoing tax issue would, if discovered, make POET Technologies a less attractive investment than it would otherwise be, thus threatening POET Technologies' valuation; (3) Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET Technologies' business agreements in a public interview, thus endangering POET Technologies' business prospects, and (4) as a result, defendants' statements about POET Technologies' business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the POET Technologies class action, go to https://rosenlegal.com/submit-form/?case_id=62524 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303047
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
NEW YORK, June 28, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against POET Technologies Inc. (NASDAQ: POET) and certain of its officers.
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired POET Technologies Inc. securities between April 1, 2026 and April 27, 2026, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/POET.
POET Technologies Inc. Case Details
The Complaint alleges that the Defendants made false and/or misleading statements and/or failed to disclose that:
POET misrepresented its tax status due to it likely being deemed a passive foreign investment company (or “PFIC”) under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; the foregoing tax issue would, if discovered, make POET a less attractive investment than it would otherwise be, thus threatening POET’s valuation; Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET’s business agreements in a public interview, thus endangering POET's business prospects, and as a result, Defendants’ statements about POET's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. What's Next for POET Technologies Inc. Investors?
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/POET. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in POET Technologies Inc. you have until June 29, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.
No Cost to POET Technologies Inc. Investors
We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman, LLC for POET Technologies Inc. Securities Class Action?
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com
"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.
Follow us for updates on LinkedIn, X, Facebook, or Instagram.
Contact Info
Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]
Attorney advertising.
Prior results do not guarantee similar outcomes.
Artificial intelligence has created an enormous demand for computing power. That's why companies like Nvidia have become some of the market's biggest winners.
But as AI systems continue to grow, investors are beginning to focus on a different challenge -- one that receives far less attention. How do you move vast amounts of data between thousands of AI processors quickly and efficiently?
For many investors, that's where Poet Technologies (POET 6.81%) comes into the story. The company has become one of the more closely watched names in the AI infrastructure space; that's not because of its current financial results, but because of the problem it's trying to solve.
Image source: Getty Images.
AI's hidden bottleneck Training and running modern AI models both require thousands of processors working together. These processors constantly exchange information. As AI clusters grow larger, the volume of data moving through the system increases dramatically.
The problem is that, at some point, simply building faster processors isn't enough. The information must also travel between those processors quickly, efficiently, and with minimal power consumption.
That's becoming increasingly difficult with traditional electrical connections. As speeds increase, electrical systems consume more energy, generate more heat, and become harder to scale.
As a result, many technology companies are turning to optical networking, which uses light rather than electrical signals to transmit information. Many industry observers believe photonics and optical networking could become the next major infrastructure upgrades for AI data centers.
Today's Change
(
-6.81
%) $
-0.69
Current Price
$
9.44
What does Poet Technologies actually do? Poet develops optical technology to accelerate data movement across AI networks and data centers. Its core product, the Poet Optical Interposer, aims to simplify the assembly and integration of optical components.
A useful analogy is to think of AI infrastructure as a transportation system. If companies like Nvidia build top-performance engines to help cars run faster, Poet is trying to build the highways that allow all those cars to move efficiently.
Put simply, the company's technology is intended to make optical systems smaller, more efficient, and potentially less expensive to manufacture. That competitive positioning has attracted attention because virtually every large AI deployment requires high-speed connectivity.
Why are investors excited now? The investment thesis in Poet Technologies is relatively simple.
Most investors already believe AI spending will continue to grow. If so, demand for networking infrastructure will likely grow alongside it, since every new AI cluster requires processors, storage, networking equipment, and increasingly sophisticated optical connections. Poet is attempting to supply part of that infrastructure stack.
Importantly, the company does not need to become the industry leader to create significant value for shareholders. Given its relatively small size today -- it generated only $1.1 million in revenue in 2025 -- even modest adoption by large customers could have an outsize impact on future revenue.
That's why many investors see the stock as a potentially high-upside way to gain exposure to the AI build-out, beyond the semiconductor companies that dominate headlines.
The risk investors shouldn't ignore The opportunity may be large, but so is the uncertainty.
Poet Technologies remains in the early stages of commercialization. While it has announced partnerships and customer engagements, its revenue base remains small relative to the opportunity investors envision. The company must still prove that its technology can achieve widespread commercial adoption and scale up successfully.
Competition is another challenge. Poet operates in a market that includes much larger companies with established customer relationships and significant resources. In other words, investors are not buying a proven AI infrastructure leader. They are buying the possibility that Poet could become one.
What does this mean for investors? The growing interest in Poet Technologies reflects a broader shift in how investors are thinking about AI. The first wave of excitement centered on computing power. The next wave may focus on the infrastructure needed to connect all that computing power.
Poet Technologies is betting that optical networking will be an increasingly important part of that future. Whether it ultimately succeeds remains to be seen. But as AI systems continue to expand, the problem Poet is trying to solve is becoming harder to ignore. And if the company is successful, that could create enormous value for shareholders.
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of POET Technologies Inc. (NASDAQ: POET) between April 1, 2026 and 08:57 AM ET on April 27, 2026, inclusive (the “Class Period”), of the important June 29, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.
SO WHAT: If you purchased POET Technologies securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the POET Technologies class action, go to https://rosenlegal.com/submit-form/?case_id=62524 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 29, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) POET Technologies misrepresented its tax status due to it likely being deemed a passive foreign investment company (or “PFIC”) under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; (2) the foregoing tax issue would, if discovered, make POET Technologies a less attractive investment than it would otherwise be, thus threatening POET Technologies’ valuation; (3) Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET Technologies' business agreements in a public interview, thus endangering POET Technologies’ business prospects, and (4) as a result, defendants’ statements about POET Technologies’ business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the POET Technologies class action, go to https://rosenlegal.com/submit-form/?case_id=62524 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827 [email protected]
www.rosenlegal.com
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In POET Technologies To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in POET Technologies between April 1, 2026 and 08:57 AM EST on April 27, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
New York, New York--(Newsfile Corp. - June 28, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against POET Technologies, Inc. ("POET Technologies" or the "Company") (NASDAQ: POET) and reminds investors of the June 29, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Watch our latest video highlighting the key allegations:
Cannot view this video? Visit:
https://www.youtube.com/watch?v=zdxRFbToG4A
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) POET Technologies misrepresented its tax status due to it likely being deemed a passive foreign investment company (or "PFIC") under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; (2) the foregoing tax issue would, if discovered, make POET Technologies a less attractive investment than it would otherwise be, thus threatening POET Technologies' valuation; (3) Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET Technologies' business agreements in a public interview, thus endangering POET Technologies' business prospects, and (4) as a result, defendants' statements about POET Technologies' business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
On April 27, 2026, Investing.com published an article entitled "POET Technologies stock tumbles after losing Marvell orders." The article stated that POET Technologies stock fell "after the company disclosed the cancellation of all purchase orders from Celestial AI, now owned by Marvell Semiconductor Inc. Marvell provided written notice on April 23, 2026, canceling all purchase orders, including those for initial production units first announced by POET Technologies in a press release on April 25, 2023. Marvell cited the company's disclosures of information related to the purchase orders and shipping details as violations of confidentiality obligations."
Following this news, POET Technologies' stock dropped more than 45% during intraday trading on April 27, 2026.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding POET Technologies' conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the POET Technologies class action, go to www.faruqilaw.com/POET or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Frequently Asked Questions (FAQ) for Investors Regarding the POET Technologies, Inc. Securities Class Action Lawsuit:
What is the POET Technologies securities fraud lawsuit about?
The POET Technologies securities fraud lawsuit is a federal securities class action alleging that POET Technologies, Inc. (NASDAQ: POET) and its executives made false and misleading statements to investors by misrepresenting the Company's tax status — concealing that it likely qualified as a passive foreign investment company (PFIC) under U.S. tax law, which carries negative tax implications for U.S. stockholders — and by having a Company executive publicly discuss confidential business agreements in violation of a business agreement with a key customer. As the truth emerged on April 27, 2026, when it was reported that Marvell Semiconductor had canceled all purchase orders from POET Technologies, citing the Company's unauthorized disclosures of confidential order and shipping details as violations of its confidentiality obligations, POET's stock dropped more than 45% during intraday trading, causing significant losses for investors.
Who may be eligible to participate in the POET Technologies class action lawsuit?
Investors who purchased or acquired POET Technologies, Inc. (POET) securities between April 1, 2026 and 8:57 AM EST on April 27, 2026 —- the Class Period — and suffered financial losses may be eligible to participate in the POET Technologies securities class action. Participation as a class member does not require taking any affirmative legal action; eligible investors may recover losses simply by remaining members of the class. Whistleblowers, former POET Technologies employees, and others with relevant information about the Company's conduct are also encouraged to come forward.
What is a lead plaintiff, and how can I seek appointment in the POET Technologies lawsuit?
A lead plaintiff in the POET Technologies class action is a court-appointed investor — typically the one with the largest financial interest in the case — who directs and oversees the litigation on behalf of all class members. Any POET Technologies investor who purchased POET securities during the Class Period may move the Court to serve as lead plaintiff through counsel of their choice. The deadline to seek lead plaintiff appointment is June 29, 2026. Importantly, choosing not to seek the lead plaintiff role does not affect an investor's ability to share in any recovery obtained for the class.
What should investors do if they purchased POET Technologies stock during the Class Period?
Investors who purchased POET Technologies, Inc. (POET) securities between April 1, 2026 and April 27, 2026 and suffered losses should contact Faruqi & Faruqi, LLP immediately to discuss their legal rights. The deadline to seek appointment as lead plaintiff in the POET Technologies securities class action is June 29, 2026. To speak directly with securities litigation partner Josh Wilson, call 877-247-4292 or 212-983-9330 (Ext. 1310), or visit www.faruqilaw.com/POET for more information.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303113
Source: Faruqi & Faruqi LLP
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
New York, New York--(Newsfile Corp. - June 27, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of POET Technologies Inc. (NASDAQ: POET) between April 1, 2026 and 08:57 AM ET on April 27, 2026, inclusive (the "Class Period"), of the important June 29, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.
SO WHAT: If you purchased POET Technologies securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the POET Technologies class action, go to https://rosenlegal.com/submit-form/?case_id=62524 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 29, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) POET Technologies misrepresented its tax status due to it likely being deemed a passive foreign investment company (or "PFIC") under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; (2) the foregoing tax issue would, if discovered, make POET Technologies a less attractive investment than it would otherwise be, thus threatening POET Technologies' valuation; (3) Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET Technologies' business agreements in a public interview, thus endangering POET Technologies' business prospects, and (4) as a result, defendants' statements about POET Technologies' business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the POET Technologies class action, go to https://rosenlegal.com/submit-form/?case_id=62524 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303043
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In POET Technologies To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in POET Technologies between April 1, 2026 and 08:57 AM EST on April 27, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
New York, New York--(Newsfile Corp. - June 27, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against POET Technologies, Inc. ("POET Technologies" or the "Company") (NASDAQ: POET) and reminds investors of the June 29, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Watch our latest video highlighting the key allegations: https://youtu.be/zdxRFbToG4A
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) POET Technologies misrepresented its tax status due to it likely being deemed a passive foreign investment company (or "PFIC") under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; (2) the foregoing tax issue would, if discovered, make POET Technologies a less attractive investment than it would otherwise be, thus threatening POET Technologies' valuation; (3) Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET Technologies' business agreements in a public interview, thus endangering POET Technologies' business prospects, and (4) as a result, defendants' statements about POET Technologies' business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
On April 27, 2026, Investing.com published an article entitled "POET Technologies stock tumbles after losing Marvell orders." The article stated that POET Technologies stock fell "after the company disclosed the cancellation of all purchase orders from Celestial AI, now owned by Marvell Semiconductor Inc. Marvell provided written notice on April 23, 2026, canceling all purchase orders, including those for initial production units first announced by POET Technologies in a press release on April 25, 2023. Marvell cited the company's disclosures of information related to the purchase orders and shipping details as violations of confidentiality obligations."
Following this news, POET Technologies' stock dropped more than 45% during intraday trading on April 27, 2026.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding POET Technologies' conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the POET Technologies class action, go to www.faruqilaw.com/POET or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Frequently Asked Questions (FAQ) for Investors Regarding the POET Technologies, Inc. Securities Class Action Lawsuit:
What is the POET Technologies securities fraud lawsuit about?
The POET Technologies securities fraud lawsuit is a federal securities class action alleging that POET Technologies, Inc. (NASDAQ: POET) and its executives made false and misleading statements to investors by misrepresenting the Company's tax status - concealing that it likely qualified as a passive foreign investment company (PFIC) under U.S. tax law, which carries negative tax implications for U.S. stockholders - and by having a Company executive publicly discuss confidential business agreements in violation of a business agreement with a key customer. As the truth emerged on April 27, 2026, when it was reported that Marvell Semiconductor had canceled all purchase orders from POET Technologies, citing the Company's unauthorized disclosures of confidential order and shipping details as violations of its confidentiality obligations, POET's stock dropped more than 45% during intraday trading, causing significant losses for investors.
Who may be eligible to participate in the POET Technologies class action lawsuit?
Investors who purchased or acquired POET Technologies, Inc. (POET) securities between April 1, 2026 and 8:57 AM EST on April 27, 2026 - the Class Period - and suffered financial losses may be eligible to participate in the POET Technologies securities class action. Participation as a class member does not require taking any affirmative legal action; eligible investors may recover losses simply by remaining members of the class. Whistleblowers, former POET Technologies employees, and others with relevant information about the Company's conduct are also encouraged to come forward.
What is a lead plaintiff, and how can I seek appointment in the POET Technologies lawsuit?
A lead plaintiff in the POET Technologies class action is a court-appointed investor - typically the one with the largest financial interest in the case - who directs and oversees the litigation on behalf of all class members. Any POET Technologies investor who purchased POET securities during the Class Period may move the Court to serve as lead plaintiff through counsel of their choice. The deadline to seek lead plaintiff appointment is June 29, 2026. Importantly, choosing not to seek the lead plaintiff role does not affect an investor's ability to share in any recovery obtained for the class.
What should investors do if they purchased POET Technologies stock during the Class Period?
Investors who purchased POET Technologies, Inc. (POET) securities between April 1, 2026 and April 27, 2026 and suffered losses should contact Faruqi & Faruqi, LLP immediately to discuss their legal rights. The deadline to seek appointment as lead plaintiff in the POET Technologies securities class action is June 29, 2026. To speak directly with securities litigation partner Josh Wilson, call 877-247-4292 or 212-983-9330 (Ext. 1310), or visit www.faruqilaw.com/POET for more information.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303050
Source: Faruqi & Faruqi LLP
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
LOS ANGELES, June 25, 2026 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against POET Technologies Inc. (“POET” or “the Company”) (NASDAQ: POET) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company’s securities between April 1, 2026, and April 27, 2026, inclusive (the “Class Period”), are encouraged to contact the firm before June 29, 2026.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. POET misrepresented its tax status due to the likelihood it would be deemed a passive foreign investment company (“PFIC”), which would have negative tax implications for individual investors. The Company’s business prospects were endangered by CFO Thomas Mika violating a business agreement in a public interview. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about POET, investors suffered damages.
Join the case to recover your losses
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335 [email protected]
New York, New York--(Newsfile Corp. - June 26, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of POET Technologies Inc. (NASDAQ: POET) between April 1, 2026 and 08:57 AM ET on April 27, 2026, inclusive (the "Class Period"), of the important June 29, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.
SO WHAT: If you purchased POET Technologies securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the POET Technologies class action, go to https://rosenlegal.com/submit-form/?case_id=62524 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 29, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) POET Technologies misrepresented its tax status due to it likely being deemed a passive foreign investment company (or "PFIC") under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; (2) the foregoing tax issue would, if discovered, make POET Technologies a less attractive investment than it would otherwise be, thus threatening POET Technologies' valuation; (3) Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET Technologies' business agreements in a public interview, thus endangering POET Technologies' business prospects, and (4) as a result, defendants' statements about POET Technologies' business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the POET Technologies class action, go to https://rosenlegal.com/submit-form/?case_id=62524 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303010
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
NEW YORK, June 26, 2026 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of POET Technologies Inc. (NASDAQ: POET).
Shareholders who purchased shares of POET during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) POET Technologies misrepresented its tax status due to it likely being deemed a passive foreign investment company under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; (2) the foregoing tax issue would, if discovered, make POET Technologies a less attractive investment than it would otherwise be, thus threatening POET Technologies’ valuation; (3) defendant, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET Technologies’ business agreements in a public interview, thus endangering POET Technologies’ business prospects, and (4) as a result, defendants’ statements about POET Technologies’ business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
DEADLINE: June 29, 2026 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/poet-technologies-inc-loss-submission-form/?id=190193&from=3
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of POET during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is June 29, 2026. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903
If you purchased or acquired POET securities between April 1, 2026 and 08:57 AM ET on April 27, 2026 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Melissa Fortunato directly at (212) 355-4648.
Click here to participate in the action.
NEW YORK, June 26, 2026 (GLOBE NEWSWIRE) --
What’s Happening?
Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against POET Technologies, Inc. (“POET” or the “Company”) (NASDAQ:POET) in the United States District Court for the District of New Jersey on behalf of all persons and entities who purchased or otherwise acquired POET securities between April 1, 2026 and 08:57 AM ET on April 27, 2026, both dates inclusive (the “Class Period”).Investors have until June 29, 2026 to apply to the Court to be appointed as lead plaintiff in the lawsuit. What are the Allegation Details?
The complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) POET Technologies misrepresented its tax status due to it likely being deemed a passive foreign investment company (or “PFIC”) under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; (2) the foregoing tax issue would, if discovered, make POET Technologies a less attractive investment than it would otherwise be, thus threatening POET Technologies’ valuation; (3) Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET Technologies’ business agreements in a public interview, thus endangering POET Technologies’ business prospects, and (4) as a result, defendants’ statements about POET Technologies’ business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. What are my Next Steps?
If you purchased or otherwise acquired POET shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at [email protected], telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, South Carolina, and California. The firm represents individual and institutional investors in securities, derivative, and commercial litigation as well as individuals in consumer protection and data privacy litigation. The firm has a nationwide practice and routinely handles cases in both federal and state courts. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Follow us for updates on LinkedIn and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn.
New York, New York--(Newsfile Corp. - June 25, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of POET Technologies Inc. (NASDAQ: POET) between April 1, 2026 and 08:57 AM ET on April 27, 2026, inclusive (the "Class Period"), of the important June 29, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.
SO WHAT: If you purchased POET Technologies securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the POET Technologies class action, go to https://rosenlegal.com/submit-form/?case_id=62524 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 29, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) POET Technologies misrepresented its tax status due to it likely being deemed a passive foreign investment company (or "PFIC") under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; (2) the foregoing tax issue would, if discovered, make POET Technologies a less attractive investment than it would otherwise be, thus threatening POET Technologies' valuation; (3) Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET Technologies' business agreements in a public interview, thus endangering POET Technologies' business prospects, and (4) as a result, defendants' statements about POET Technologies' business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the POET Technologies class action, go to https://rosenlegal.com/submit-form/?case_id=62524 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302941
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
Few small-cap semiconductor names have ridden the AI optical interconnect wave as wildly as Poet Technologies (NASDAQ:POET). After a triple-digit rally and a sharp June pullback, investors want to know whether the next move is up or down. Here is where our model lands.
The 24/7 Wall St. Price Target for POET Poet Technologies trades at $10.23 as of June 25, 2026. Our 24/7 Wall St. price target for Poet Technologies is $22.23 over the next 12 months, implying 117.41% upside. Our recommendation is buy, with moderate confidence (0.5 on a 0 to 1 scale). The signal is constructive, but Poet is volatile and news-driven.
24/7 Wall St. Price Target Summary Metric Value Current Price $10.23 24/7 Wall St. Price Target $22.23 Upside 117.41% Recommendation BUY Confidence Level 50% A Wild Year: From $4 to $20 and Back Poet is up 147.33% over the past year and 68.4% year to date, but the last month has been brutal, with shares down 26.94%. The 52-week range runs from $3.87 to $20.81.
The April 27 cancellation of all Celestial AI purchase orders following an alleged NDA breach triggered class-action filings, with a June 29 lead plaintiff deadline. That overhang was partly offset by the Lumilens partnership and $50 million initial order announced June 12 and a $400 million registered direct offering that closed June 15.
Q1 2026 revenue came in at $503,389, beating estimates by 44.66%, while EPS of -$0.08 missed the -$0.04 estimate on stock-based compensation and warrant accounting.
Why Bulls See a Breakout to $22.89 and Beyond The bull case rests on Poet’s positioning at the intersection of AI networking and silicon photonics. The Lumilens agreement scales to $500M+ over five years, and Poet has guided to shipping over 30,000 optical engines in 2026, with 800G production ramping in Q3 2026 from Malaysia. Joint development programs with LITEON, Lessengers, and Quantum Computing Inc. target 1.6T and 3.2Tbps modules for frontier AI infrastructure.
CEO Suresh Venkatesan called the Lumilens deal “an important commercial milestone… supporting frontier AI infrastructure.” With roughly $430M in cash post-raise and Jane Street disclosing a 6.8% stake, the balance sheet supports execution. Our bull case scenario points to $22.89 within 12 months.
The Risks Worth Watching Multiple class-action suits over alleged PFIC misstatements and the Celestial AI NDA breach create legal overhang. Cash burn was $8.8M in Q1 2026 operating outflow, the accumulated deficit sits at $291M, and 2025 raises totaled roughly $375M, diluting holders.
Bulls counter that much of the Q4 2025 $42.67M net loss reflected a $30.69M non-cash derivative warrant liability rather than core operating deterioration, and the planned U.S. redomicile should resolve PFIC risk. Our bear case scenario lands at $16.61, still above today’s price.
Poet Technologies Price Prediction 2026-2030 The 24/7 Wall St. price target for Poet is $22.23, with a buy recommendation at moderate confidence. The tipping factor is execution leverage: even our bear scenario implies 62.4% upside.
Catalysts to watch include the June 26 redomicile vote and the pace of Lumilens order ramp. Risks to the thesis include class-action discovery surfacing material disclosure failures or 800G production slipping past Q3 2026.
Looking ahead, here is where our model projects Poet could trade, assuming AI optical interconnect demand continues compounding and execution holds.
Year 24/7 Wall St. Price Target 2026 $14.92 2027 $22.23 2028 $36.00 2029 $56.00 2030 $72.00 These projections assume Poet executes on its 800G and 1.6T roadmap and the broader 800G transceiver market reaches its projected $9.8B by 2032. Significant upside could come from a hyperscaler design win, while downside risk emerges if class-action liability or manufacturing delays in Malaysia disrupt the ramp.
New York, New York--(Newsfile Corp. - June 25, 2026) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against POET Technologies Inc. (NASDAQ: POET) and certain of its officers.
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired POET Technologies Inc. securities between April 1, 2026 and April 27, 2026, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/POET.
POET Technologies Inc. Case Details
The Complaint alleges that the Defendants made false and/or misleading statements and/or failed to disclose that:
POET misrepresented its tax status due to it likely being deemed a passive foreign investment company (or "PFIC") under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders;the foregoing tax issue would, if discovered, make POET a less attractive investment than it would otherwise be, thus threatening POET's valuation;Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET's business agreements in a public interview, thus endangering POET's business prospects, andas a result, Defendants' statements about POET's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.What's Next for POET Technologies Inc. Investors?
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/POET, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in POET Technologies Inc. you have until June 29, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.
No Cost to POET Technologies Inc. Investors
We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman, LLC for POET Technologies Inc. Securities Class Action?
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com
"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.
Follow us for updates on LinkedIn, X, Facebook, or Instagram.
Attorney advertising.
Prior results do not guarantee similar outcomes.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/294978
Source: Bronstein, Gewirtz & Grossman, LLC
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
, /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against POET Technologies Inc. ("POET" or the "Company") (NASDAQ: POET). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
The class action concerns whether POET and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
You have until June 29, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired POET securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.
[Click here for information about joining the class action]
On April 27, 2026, Investing.com published an article entitled "POET Technologies stock tumbles after losing Marvell orders." The article reported that POET stock fell "after the company disclosed the cancellation of all purchase orders from Celestial AI, now owned by Marvell Semiconductor Inc. Marvell provided written notice on April 23, 2026, canceling all purchase orders, including those for initial production units first announced by POET in a press release on April 25, 2023. Marvell cited the company's disclosures of information related to the purchase orders and shipping details as violations of confidentiality obligations."
On this news, POET's stock price fell $7.15 per share, or 47.35%, to close at $7.95 per share on April 27, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against POET Technologies Inc. ("POET" or "the Company") (NASDAQ: POET) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of POET during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: April 1, 2026 to April 27, 2026
DEADLINE: June 29, 2026
CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. The likelihood of POET being declared a passive foreign investment company ("PFIC") led it to misrepresenting its tax status. Based on these facts, POET's public statements were false and materially misleading throughout the class period.
If you are a shareholder who suffered a loss, contact us to participate.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
Join the case to recover your losses.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: [email protected]
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against POET Technologies Inc. ("POET" or "the Company") (NASDAQ: POET) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between April 1, 2026, and April 27, 2026, inclusive (the "Class Period"), are encouraged to contact the firm before June 29, 2026.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. POET misrepresented its tax status due to the likelihood it would be deemed a passive foreign investment company ("PFIC"), which would have negative tax implications for individual investors. The Company's business prospects were endangered by CFO Thomas Mika violating a business agreement in a public interview. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about POET, investors suffered damages.
Join the case to recover your losses
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
New York, New York--(Newsfile Corp. - June 24, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of POET Technologies Inc. (NASDAQ: POET) between April 1, 2026 and 08:57 AM ET on April 27, 2026, inclusive (the "Class Period"), of the important June 29, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.
SO WHAT: If you purchased POET Technologies securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the POET Technologies class action, go to https://rosenlegal.com/submit-form/?case_id=62524 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 29, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) POET Technologies misrepresented its tax status due to it likely being deemed a passive foreign investment company (or "PFIC") under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; (2) the foregoing tax issue would, if discovered, make POET Technologies a less attractive investment than it would otherwise be, thus threatening POET Technologies' valuation; (3) Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET Technologies' business agreements in a public interview, thus endangering POET Technologies' business prospects, and (4) as a result, defendants' statements about POET Technologies' business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the POET Technologies class action, go to https://rosenlegal.com/submit-form/?case_id=62524 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302775
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In POET Technologies To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in POET Technologies between April 1, 2026 and 08:57 AM EST on April 27, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
New York, New York--(Newsfile Corp. - June 24, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against POET Technologies, Inc. ("POET Technologies" or the "Company") (NASDAQ: POET) and reminds investors of the June 29, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Watch our latest video highlighting the key allegations: https://youtu.be/zdxRFbToG4A
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) POET Technologies misrepresented its tax status due to it likely being deemed a passive foreign investment company (or "PFIC") under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; (2) the foregoing tax issue would, if discovered, make POET Technologies a less attractive investment than it would otherwise be, thus threatening POET Technologies' valuation; (3) Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET Technologies' business agreements in a public interview, thus endangering POET Technologies' business prospects, and (4) as a result, defendants' statements about POET Technologies' business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
On April 27, 2026, Investing.com published an article entitled "POET Technologies stock tumbles after losing Marvell orders." The article stated that POET Technologies stock fell "after the company disclosed the cancellation of all purchase orders from Celestial AI, now owned by Marvell Semiconductor Inc. Marvell provided written notice on April 23, 2026, canceling all purchase orders, including those for initial production units first announced by POET Technologies in a press release on April 25, 2023. Marvell cited the company's disclosures of information related to the purchase orders and shipping details as violations of confidentiality obligations."
Following this news, POET Technologies' stock dropped more than 45% during intraday trading on April 27, 2026.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding POET Technologies' conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the POET Technologies class action, go to www.faruqilaw.com/POET or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Frequently Asked Questions (FAQ) for Investors Regarding the POET Technologies, Inc. Securities Class Action Lawsuit:
What is the POET Technologies securities fraud lawsuit about?
The POET Technologies securities fraud lawsuit is a federal securities class action alleging that POET Technologies, Inc. (NASDAQ: POET) and its executives made false and misleading statements to investors by misrepresenting the Company's tax status - concealing that it likely qualified as a passive foreign investment company (PFIC) under U.S. tax law, which carries negative tax implications for U.S. stockholders - and by having a Company executive publicly discuss confidential business agreements in violation of a business agreement with a key customer. As the truth emerged on April 27, 2026, when it was reported that Marvell Semiconductor had canceled all purchase orders from POET Technologies, citing the Company's unauthorized disclosures of confidential order and shipping details as violations of its confidentiality obligations, POET's stock dropped more than 45% during intraday trading, causing significant losses for investors.
Who may be eligible to participate in the POET Technologies class action lawsuit?
Investors who purchased or acquired POET Technologies, Inc. (POET) securities between April 1, 2026 and 8:57 AM EST on April 27, 2026 - the Class Period - and suffered financial losses may be eligible to participate in the POET Technologies securities class action. Participation as a class member does not require taking any affirmative legal action; eligible investors may recover losses simply by remaining members of the class. Whistleblowers, former POET Technologies employees, and others with relevant information about the Company's conduct are also encouraged to come forward.
What is a lead plaintiff, and how can I seek appointment in the POET Technologies lawsuit?
A lead plaintiff in the POET Technologies class action is a court-appointed investor - typically the one with the largest financial interest in the case - who directs and oversees the litigation on behalf of all class members. Any POET Technologies investor who purchased POET securities during the Class Period may move the Court to serve as lead plaintiff through counsel of their choice. The deadline to seek lead plaintiff appointment is June 29, 2026. Importantly, choosing not to seek the lead plaintiff role does not affect an investor's ability to share in any recovery obtained for the class.
What should investors do if they purchased POET Technologies stock during the Class Period?
Investors who purchased POET Technologies, Inc. (POET) securities between April 1, 2026 and April 27, 2026 and suffered losses should contact Faruqi & Faruqi, LLP immediately to discuss their legal rights. The deadline to seek appointment as lead plaintiff in the POET Technologies securities class action is June 29, 2026. To speak directly with securities litigation partner Josh Wilson, call 877-247-4292 or 212-983-9330 (Ext. 1310), or visit www.faruqilaw.com/POET for more information.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302722
Source: Faruqi & Faruqi LLP
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
NEW YORK, June 24, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against POET Technologies Inc. (NASDAQ: POET) and certain of its officers.
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired POET Technologies Inc. securities between April 1, 2026 and April 27, 2026, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/POET.
POET Technologies Inc. Case Details
The Complaint alleges that the Defendants made false and/or misleading statements and/or failed to disclose that:
POET misrepresented its tax status due to it likely being deemed a passive foreign investment company (or “PFIC”) under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; the foregoing tax issue would, if discovered, make POET a less attractive investment than it would otherwise be, thus threatening POET’s valuation; Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET’s business agreements in a public interview, thus endangering POET's business prospects, and as a result, Defendants’ statements about POET's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. What's Next for POET Technologies Inc. Investors?
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/POET. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in POET Technologies Inc. you have until June 29, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.
No Cost to POET Technologies Inc. Investors
We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman, LLC for POET Technologies Inc. Securities Class Action?
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com
"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.
Follow us for updates on LinkedIn, X, Facebook, or Instagram.
Contact Info
Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]
Attorney advertising.
Prior results do not guarantee similar outcomes.
NEW YORK, June 19, 2026 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of POET Technologies Inc. (NASDAQ: POET).
Shareholders who purchased shares of POET during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) POET Technologies misrepresented its tax status due to it likely being deemed a passive foreign investment company under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; (2) the foregoing tax issue would, if discovered, make POET Technologies a less attractive investment than it would otherwise be, thus threatening POET Technologies’ valuation; (3) defendant, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET Technologies’ business agreements in a public interview, thus endangering POET Technologies’ business prospects, and (4) as a result, defendants’ statements about POET Technologies’ business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
DEADLINE: June 29, 2026 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/poet-technologies-inc-loss-submission-form/?id=188969&from=3
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of POET during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is June 29, 2026. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903
New York, New York--(Newsfile Corp. - June 19, 2026) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against POET Technologies Inc. (NASDAQ: POET) and certain of its officers.
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired POET Technologies Inc. securities between April 1, 2026 and April 27, 2026, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/POET.
POET Technologies Inc. Case Details
The Complaint alleges that the Defendants made false and/or misleading statements and/or failed to disclose that:
POET misrepresented its tax status due to it likely being deemed a passive foreign investment company (or "PFIC") under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; the foregoing tax issue would, if discovered, make POET a less attractive investment than it would otherwise be, thus threatening POET's valuation; Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET's business agreements in a public interview, thus endangering POET's business prospects, and as a result, Defendants' statements about POET's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.What's Next for POET Technologies Inc. Investors?
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/POET, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in POET Technologies Inc. you have until June 29, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.
No Cost to POET Technologies Inc. Investors
We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman, LLC for POET Technologies Inc. Securities Class Action?
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com
"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.
Follow us for updates on LinkedIn, X, Facebook, or Instagram.
Attorney advertising.
Prior results do not guarantee similar outcomes.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/294976
Source: Bronstein, Gewirtz & Grossman, LLC
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
New York, New York--(Newsfile Corp. - June 19, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of POET Technologies Inc. (NASDAQ: POET) between April 1, 2026 and 08:57 AM ET on April 27, 2026, inclusive (the "Class Period"), of the important June 29, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.
SO WHAT: If you purchased POET Technologies securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the POET Technologies class action, go to https://rosenlegal.com/submit-form/?case_id=62524 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 29, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) POET Technologies misrepresented its tax status due to it likely being deemed a passive foreign investment company (or "PFIC") under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; (2) the foregoing tax issue would, if discovered, make POET Technologies a less attractive investment than it would otherwise be, thus threatening POET Technologies' valuation; (3) Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET Technologies' business agreements in a public interview, thus endangering POET Technologies' business prospects, and (4) as a result, defendants' statements about POET Technologies' business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the POET Technologies class action, go to https://rosenlegal.com/submit-form/?case_id=62524 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302245
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of POET Technologies Inc. (NASDAQ: POET) between April 1, 2026 and 08:57 AM ET on April 27, 2026, inclusive (the “Class Period”), of the important June 29, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.
SO WHAT: If you purchased POET Technologies securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the POET Technologies class action, go to https://rosenlegal.com/submit-form/?case_id=62524 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 29, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) POET Technologies misrepresented its tax status due to it likely being deemed a passive foreign investment company (or “PFIC”) under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; (2) the foregoing tax issue would, if discovered, make POET Technologies a less attractive investment than it would otherwise be, thus threatening POET Technologies’ valuation; (3) Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET Technologies' business agreements in a public interview, thus endangering POET Technologies’ business prospects, and (4) as a result, defendants’ statements about POET Technologies’ business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the POET Technologies class action, go to https://rosenlegal.com/submit-form/?case_id=62524 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827 [email protected]
www.rosenlegal.com
NEW YORK, June 21, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against POET Technologies Inc. (NASDAQ: POET) and certain of its officers.
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired POET Technologies Inc. securities between April 1, 2026 and April 27, 2026, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/POET.
POET Technologies Inc. Case Details
The Complaint alleges that the Defendants made false and/or misleading statements and/or failed to disclose that:
POET misrepresented its tax status due to it likely being deemed a passive foreign investment company (or “PFIC”) under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; the foregoing tax issue would, if discovered, make POET a less attractive investment than it would otherwise be, thus threatening POET’s valuation; Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET’s business agreements in a public interview, thus endangering POET's business prospects, and as a result, Defendants’ statements about POET's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. What's Next for POET Technologies Inc. Investors?
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/POET. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in POET Technologies Inc. you have until June 29, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.
No Cost to POET Technologies Inc. Investors
We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman, LLC for POET Technologies Inc. Securities Class Action?
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com
"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.
Follow us for updates on LinkedIn, X, Facebook, or Instagram.
Contact Info
Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]
Attorney advertising.
Prior results do not guarantee similar outcomes.
New York, New York--(Newsfile Corp. - June 21, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of POET Technologies Inc. (NASDAQ: POET) between April 1, 2026 and 08:57 AM ET on April 27, 2026, inclusive (the "Class Period"), of the important June 29, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.
SO WHAT: If you purchased POET Technologies securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the POET Technologies class action, go to https://rosenlegal.com/submit-form/?case_id=62524 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 29, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) POET Technologies misrepresented its tax status due to it likely being deemed a passive foreign investment company (or "PFIC") under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; (2) the foregoing tax issue would, if discovered, make POET Technologies a less attractive investment than it would otherwise be, thus threatening POET Technologies' valuation; (3) Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET Technologies' business agreements in a public interview, thus endangering POET Technologies' business prospects, and (4) as a result, defendants' statements about POET Technologies' business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the POET Technologies class action, go to https://rosenlegal.com/submit-form/?case_id=62524 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302246
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
