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POET Technologies Inc. ("POET" or the "Company") (TSXV:PTK, NASDAQ:POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today announced that it will shortly be proceeding with the previously-announced voluntary delisting of its common shares (the "Shares") from the TSX Venture Exchange ("TSXV"). The delisting from the TSXV will not affect the Company's listing on Nasdaq Capital Market (the "Nasdaq") and POET's Shares will continue to be listed on Nasdaq under the symbol "POET".
POET has submitted the required application and received approval for the delisting. The Company expects that effective as of the close of trading on or about Wednesday, August 27, 2025, POET's Shares will no longer be listed and posted for trading on the TSXV. The listing of POET's Shares on Nasdaq will be unaffected.
Trading on Nasdaq represents the vast majority of the Company's trading volume. The Company believes that delisting from the TSXV will create a central marketplace for its Shares on Nasdaq, and will improve long-term liquidity and enhance shareholder value.
POET will remain a "reporting issuer" under applicable Canadian securities laws and will continue to provide regular comprehensive disclosure in accordance with its securities law obligations.
Following delisting from the TSXV, POET's shareholders can trade their Shares through their brokers on Nasdaq. POET's Nasdaq listing will continue to provide shareholders with the same accessibility to trade the Company's Shares. Shareholders holding POET Shares in Canadian brokerage accounts should contact their brokers to confirm how to trade POET's Shares on Nasdaq.