Unofficial POET share structure
Some numbers (not official)
posted on Apr 30, 2024 07:53PM
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Status of number of POET shares
48,239,344 Issued as of April 8,2024
3,258,300 Financing 1 on April 29,2024..........$10,000,000
3,448,225 Financing 2 on April 29,2024..........$10,000,000
Expected share number upon closinng of financiings
54,945,869
Options and Warrants previously outstanding as per most recent prospectus
15,204,265.
Breakdown
7,285,907 with weighted average exercise price of warrants is CAD$1.79 .......$13,041,773
7,918,358 with weighted average exercise price of issued and outstanding options is CAD$4.82 (being repriced lower as per news release) $to be determined
Warrants attached to latest financings April 29,2024
6,706,525 exercisable at$4.26 .......................................$28,569,796
ATM
Unknown amount of shares sold via ATM as of April 30,2024 but latest filing with respect to initial $10,000,000 raise indicates "cash on hand" which suggests some funds have been secured without identifying the source.
As at April 26, 2024, the Issuer has an existing working capital of $10,960,000 (US$8,000,000), with $13,152,000 (US$9,600,000) cash on hand. There are no finders’ fees or commissions associated with this Offering. Net of closing costs, the Issuer estimates that it will have $20,880,000 (US$15,240,000) ****Does not include 2nd $10,000,000 raised later in day April 29,2024
With no ATM shares sold and were all known options and warrants exercised the number of fully diluted shares would be
76,856,659 |
