POET Technologies Inc (POET)

POET Technologies Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - POETJune 5, 2026 2:23 AM
PR Newswire (US) LOS ANGELES, June 5, 2026 /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, 2026DEADLINE: June 29, 2026CASE 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: David@djslawllp.com View original content:https://www.prnewswire.com/news-releases/poet-technologies-inc-sued-for-securities-law-violations---contact-the-djs-law-group-to-discuss-your-rights--poet-302792231.htmlSOURCE DJS Law Group LLP Original: POET Technologies Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - POET

So Americans dont know that the F stands for foreign so they cry foul and sue anything thats moves?
Maybe you shouldnt be investing if you cant even muster that much DD?

POET Shareholder Alert: POET Technologies Inc. Securities Class Action Lawsuit - Investors Should Contact SueWallStJune 4, 2026 5:33 PM
PR Newswire (US) Important Notice Regarding Alleged PFIC Tax Status Misrepresentations That Exposed U.S. Shareholders to Severe Tax LiabilitiesNEW YORK, June 4, 2026 /PRNewswire/ -- SueWallSt notifies investors in POET Technologies Inc. (NASDAQ: POET) that a class action lawsuit has been filed on behalf of shareholders who purchased securities between April 1, 2026 and April 27, 2026. Find out if you qualify to recover losses. You may also contact Joseph E. Levi, Esq. at jlevi@SueWallSt.com or (888) SueWallSt. POET shares collapsed 47.3%, a loss of $7.15 per share, after corrective disclosures revealed the Company had misrepresented its tax classification and breached confidentiality obligations with a major customer. The lead plaintiff deadline is June 29, 2026.The Alleged Passive Foreign Investment Company MisclassificationA Canadian photonics company generating just $2.3 million in total revenue since 2020 and reporting a 2025 net loss of negative 5,858% of revenue, POET carried financial characteristics that made PFIC classification virtually certain, the lawsuit contends. Under U.S. tax law, a foreign corporation qualifies as a PFIC when 75% or more of gross income is passive or when 50% or more of asset value produces passive income. With minimal operating revenue and a cash-heavy balance sheet inflated by a 303% increase in shares outstanding between late 2022 and early 2026, the Company's PFIC status was not a remote possibility but an expected outcome.How PFIC Status Allegedly Affected Shareholder ValueThe complaint alleges POET's 2025 Annual Report acknowledged potential PFIC classification but framed it as uncertain, using equivocal language stating the Company "may be treated" as a PFIC. This framing allegedly understated the severity and likelihood of the classification. For U.S. holders, PFIC status triggers punitive tax consequences:Gains on PFIC shares are taxed at the highest marginal income tax rate regardless of the investor's actual bracketA compounding interest charge applies to deferred gains, creating escalating tax liability for each year shares are heldInvestors who fail to make timely "QEF" elections face what tax practitioners describe as "compliance hell" with the IRSThe "once a PFIC, always a PFIC" rule means tax consequences persist for the entire holding periodPFIC classification makes the stock structurally less attractive to U.S. investors, threatening valuation and liquidityPOET's own filing admitted the Company believed it "may be treated as a PFIC for the preceding taxable year"Wolfpack Research issued a report on April 14, 2026 identifying POET as a PFIC, noting that multiple tax experts found the classification "obvious." POET stock fell 8.08% on this news. One day later, POET effectively confirmed the PFIC allegation by announcing it would provide QEF election materials to U.S. shareholders and that its board intended to redomicile the Company in the United States to eliminate future PFIC risk.The Alleged Dilution-Driven PFIC TrapThe action claims POET's real business model was selling stock, not products. By expanding shares outstanding from approximately 38 million to 153 million in just over three years while generating negligible revenue, the Company allegedly accumulated passive assets that made PFIC classification inevitable. This dilution cycle allegedly created a tax trap for the very U.S. investors purchasing those shares."This case presents important questions about PFIC disclosure obligations in the photonics and semiconductor sector. When a company's own financial profile makes adverse tax classification highly probable, investors deserve more than equivocal risk factor language." -- Joseph E. Levi, Esq.Submit your information to join this case or contact Joseph E. Levi, Esq. at (888) SueWallSt.ABOUT SUEWALLST -- Over the past 20 years, SueWallSt has secured hundreds of millions of dollars for aggrieved shareholders. The firm has extensive expertise in complex securities litigation and a team of over 70 employees. For seven consecutive years, SueWallSt has ranked in ISS Securities Class Action Services' Top 50 Report. Applications to serve as lead plaintiff must be filed by June 29, 2026.Frequently Asked Questions About the POET LawsuitQ: What is the POET class action lawsuit about? A: A securities class action has been filed against POET Technologies Inc. (NASDAQ: POET) alleging materially false and misleading statements between April 1, 2026 and April 27, 2026. Shares fell approximately 47.3% after the truth was revealed, causing significant losses for shareholders.Q: How much did POET stock drop? A: Shares fell approximately 47.3%, a decline of $7.15 per share, after the Company disclosed the cancellation of all Celestial AI purchase orders due to a confidentiality breach. Investors who purchased shares during the class period at artificially inflated prices may be entitled to compensation.Q: Who is eligible to join the POET investor lawsuit? A: Investors who purchased POET stock or securities between April 1, 2026 and April 27, 2026 and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses, not on whether you still hold the shares.Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.Q: What if I already sold my POET shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the class period and sold at a loss may still participate.Q: What do POET investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact SueWallSt for a free, no-obligation evaluation at jlevi@SueWallSt.com or (888) SueWallSt. No immediate action is required to remain eligible as a class member.Q: What court was the POET class action filed in? A: The case was filed in the United States District Court for the District of New Jersey, governed by the Private Securities Litigation Reform Act of 1995.CONTACT:SueWallStJoseph E. Levi, Esq.33 Whitehall Street, 27th FloorNew York, NY 10004jlevi @Icons1 View original content to download multimedia:https://www.prnewswire.com/news-releases/poet-shareholder-alert-poet-technologies-inc-securities-class-action-lawsuit---investors-should-contact-suewallst-302792052.htmlSOURCE SueWallSt.com Original: POET Shareholder Alert: POET Technologies Inc. Securities Class Action Lawsuit - Investors Should Contact SueWallSt

Didn't the Company say they are domiciling in US ?? How relevant is this ? In my opinion coordinated attack to bring it down… this will be a major runner soon. Latest news deal with lumilens says different story. IMO huge potential 

POET Technologies Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - POETJune 3, 2026 2:51 AM
PR Newswire (US) LOS ANGELES, June 3, 2026 /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, 2026DEADLINE: June 29, 2026CASE 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. SchwartzDJS Law Group274 White Plains Road, Suite 1 Eastchester, NY 10709Phone: 914-206-9742Email: David@djslawllp.com View original content:https://www.prnewswire.com/news-releases/poet-technologies-inc-sued-for-securities-law-violations---contact-the-djs-law-group-to-discuss-your-rights--poet-302789499.htmlSOURCE DJS Law Group LLP Original: POET Technologies Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - POET

POET $14.49

POET Technologies Announces Closing of US$400 Million Investment

Secures financing to scale manufacturing and accelerate product leadership in photonic interconnect solutions for frontier AI


TORONTO, May 18, 2026 (GLOBE NEWSWIRE) -- POET Technologies Inc. (NASDAQ: POET) (the “Corporation”), the designer and developer of Photonic Integrated Circuits (PICs), light sources and optical modules for the AI and data center markets, today announced it had closed its recently announced registered direct offering by issuing19,047,620 common shares (the “Common Shares”) and a warrant exercisable for 19,047,620 Common Shares (the “Warrant” and together with the Common Shares, the “Offered Securities”). The sale in a non-brokered offering to a single institutional investor raised gross proceeds of US$400,000,020 for the Corporation. The agreed price for each offered security was US$21.00, a premium over the closing price of the Corporation’s common shares as quoted on the NASDAQ Capital Market of US$20.57 on Thursday, May 14, 2026. The accompanying warrant is exercisable for a period of three years from today’s date at an exercise price of US$26.25 per Common Share, representing a 25% premium over the selling price of the offered securities.
I'd think the buyers wouldn't be too happy right about now...

POET Technologies Shares Jump on Lumilens Supply Partnership (POET)May 14, 2026 8:44 AM
IH Market News POET Technologies (NASDAQ:POET) shares climbed 16% on Thursday after the company announced a supply and development agreement with Lumilens that includes an initial $50 million purchase order for optical engines.The agreement creates a joint commercial and technology partnership centered on wafer-level photonic integration for artificial intelligence optical networking applications. Initial Order Could Expand Into Multi-Year Supply Relationship Lumilens placed an initial order valued at $50 million for the production of Electrical-Optical Interposer-based engines.POET said the deal represents the first stage of a broader supplier relationship that could grow to as much as $500 million in cumulative purchases over a five-year period. Warrant Agreement Linked to Future Purchase Volumes As part of the arrangement, POET granted Lumilens a warrant allowing the purchase of up to 22,921,408 common shares at an exercise price of $8.25 per share.The warrant is immediately exercisable for 2,292,140 shares, while the remaining shares will vest in stages tied to cumulative payments from Lumilens on future purchase orders totaling up to $500 million.The warrant will remain exercisable for nine years. Companies Target AI Optical Network Expansion The partnership is focused on advancing POET’s Electrical-Optical Interposer platform, which combines wafer-scale optical engine manufacturing with optical chipsets and advanced production technologies.The companies said the platform is designed to replace traditional active-alignment manufacturing methods used in optical engine production with more scalable wafer-level processing techniques. Product Roadmap Extends Through 2027 POET and Lumilens plan to develop the technology across a multi-year roadmap covering 800G and 1.6T pluggable transceivers, along with Near-Package Optics and Co-Packaged Optics solutions.Engineering samples from the joint programme are expected to become available in late 2026, while production scaling is scheduled to align with customer deployments beginning in 2027.The companies noted that fulfillment of purchase orders and associated revenue generation will depend on the successful qualification of the modules and the expansion of manufacturing capacity.Poet Technologies stock price Original: POET Technologies Shares Jump on Lumilens Supply Partnership (POET)

More like grabbing a rising knife.

How that go. Quick 100% up

Keep your money. Many more great stocks so no sense chasing a falling knife. For this Poet Pig my telling will be if they have an in person annual meeting or they continue to hide behind the curtain and have it online. Time to face the music. 

Exploiting this opportunity to get in. This AH close will tell us what direction the stock will take tomorrow. Let's see!

I think that the celestial issue has to end in a court room. Clear they (celestial) wanted to get rid of poet but the stick of NDA to beat Poet seems to me unfair! The only CFO’s word I didn’t like was intentional. ‘Intentional to order’ seems to me not done deal!
Also it seems that Poet is not anymore interesting…

Fuxk I hate scammers we will be lucky to open at $5.00 tomorrow 

Why, maybe before then $5.00

Within 60 days POET will be much higher.

He sold on his pump now he’s laughing at the fools. 

9:30 Smoking gun, he has to feel horrible.



X

So Marvell acquired Celestial AI February 2, 2026. Sounds like on April 21,2026 CFO Thomas Mika disclosed during a stocktwits interview that POET had secured orders linked to Marvell Technology.

Share price and volume since 2 days before said leak up until today.

Friday April 17th volume was under 10 million closed at $7.26
The day before said breach April 20th the close was $8.58 volume was 45 million
April 21 close was $10.25 volume was 59 million
April 24th closed at $15.10 volume was 77 million

I'm not sure this bump is exactly related to the CFO stocktwits leak.



Wow, crazy,

$POET: Now down to $8.40


Management.................. based out of Toronto, CANADA

Dr. Suresh Venkatesan
Executive Chairman & Chief Executive Officer

BLAH BLAH BLAH BLAHhhhhhhhhhhhh............... blah blah blabbbberrr blabberrrreeereeerrrr



https://www.poet-technologies.com/about-us


POET Technologies Stock Plunges 40% After Marvell Cancels Orders
Last updated
5 minutes ago
The Toronto-based photonic chip maker announced Marvell's April 23 notice canceling orders, citing alleged confidentiality breaches by POET on purchase and shipping details. These included initial production units first revealed in a 2023 press release, reversing a recent stock rally sparked by CFO comments linking a deal to Marvell. POET stressed it continues serving other customers, like a $5 million order for 800G optical engines, and remains focused on AI networking growth amid the setback.

GO $POET

A lot of new Bagholders left with their C—- in their hands that believed in this dishonest management. Timber. Glad I hit and ran. Will buy back under $5. And wait til these Bagholders find out our bad management sold at the highs again. See you soon. GLA, Strik

Average in, average out. It is impossible to always catch the highs and lows.

As the basis for the cancellation, Marvell indicated that the Company had made disclosures of information related to the Purchase Order and shipping information in contravention of its confidentiality obligations.

Dang, that is a big reputational hit.

Oh well, it was good while it lasted....

POET the monthly blue sky monster gapping

Always nice to see folks make money, is that a good feeling or what?

Congrats.

X

Nice staircase on the 1 wk chart.

POET big gapper
https://x.com/KimDotcom/status/2046787928442241209/video/1?s=46

POET weekly break out beast

Yes, nice move.

Why I rarely go all in or all out at a single price point. 🙂

And we have +10$$

~blue sky breakout

Mika is speaking tonight. Could it be another round of financing. He is the “CFO”. If so, tomorrow will be interesting 

That’s how I lasted over 40 years with dinking money to boot. 

I always end up on the wrong side when I do that.

Take a break. Spend some profits. But I’ll be back. Live and learn. Easy trading to all

Indeed.

I sold some today though. Iran overreaction makes me trigger happy.

Nice day here. I wonder if breaking 10 is a possibility.

Swing!!!!!

Great for trading. The big guns from Agora are obviously hiding ( Fairfart ) for one, as piss poor earning report arrives ( after hours) and piss poor 2026 predictions. Hopefully back to $5 or maybe a dip under especially if Trump does something silly tomorrow or the rest of the week. And now we know why no news because there is no news

She is a wonderful trading vehicle!

Big volume up day. Nice to see.

Results coming up soon if I am right. What to expect?

POET Technologies teams up with Lessengers to develop 1.6T optical transceiversMarch 17, 2026 9:34 AM
IH Market News
POET Technologies Inc. (NASDAQ:POET) has entered into a joint development agreement with Lessengers to create 1.6T 2×DR4 optical transceiver modules designed for artificial intelligence computing clusters and hyperscale data center networks.The partnership will combine POET’s optical engines, built using its Optical Interposer platform, with Lessengers’ Direct Optical Wiring technology. The new transceiver design will integrate lasers, modulators, photodiodes and passive optical components onto a photonic platform, while Lessengers’ solution will enable optical connections between photonic devices and fiber interfaces.The companies expect to deliver sample units of the 1.6T 2×DR4 transceiver module in the second quarter of 2026, aligning with the broader industry shift toward higher bandwidth optical connectivity to support AI-focused data center infrastructure.“AI infrastructure is driving rapid increases in optical bandwidth requirements,” said Raju Kankipati, POET’s Chief Revenue Officer. “By combining POET’s Optical Interposer-based optical engines with Lessengers’ innovative Direct Optical Wiring technology, we are developing an efficient path toward 1.6T 2×DR4 transceiver modules.”Taeyong Kim, Chief Marketing Officer at Lessengers, said the collaboration “brings together complementary innovations that support the development of compact, high-performance 1.6T optical modules for hyperscale and AI networking environments.”According to a report from LightCounting cited in the announcement, the market for 1.6T DR8 optical modules is projected to exceed 125 million units between 2027 and 2031. The companies noted that DR8 and 2×DR4 solutions address the same segment of the market, differing mainly in the type of optical connector used.Both POET Technologies and Lessengers plan to present their technologies at the 2026 OFC Conference and Exhibition, scheduled for March 16–19 at the Los Angeles Convention Center.Poet Technologies stock price

Original: POET Technologies teams up with Lessengers to develop 1.6T optical transceivers

Not really. One company has a good management team in place while the other company has a bunch of incompetent management in place

What just happened after hours and this afternoon to LWLG will happen very soon to POET. Hot area now!!

POET heating up as is LWLG. Both timely and in demand.

POET really is a great trading vehicle!

Sold all the $5.40s at $6.40 and now will sit back and watch

Sorry, I only discuss stocks and am not qualified to diagnose your mental disorders that lead you to stalk others from board to board...

Huh? That seems to contradict some of these posts of yours...

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157161308

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163649758

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169148745