Brief: Poet Technologies Says Confirmed It Had Received Scheduled Payment From Buyer Of Denselight
30/03/2020 22:47
March 30 (Reuters) - POET Technologies Inc PTK.V :
* POET TECHNOLOGIES - CONFIRMED IT HAD RECEIVED SCHEDULED
PAYMENT
FROM BUYER OF DENSELIGHT
* POET TECHNOLOGIES - HAS INITIATED TRANSFER OF ADDITIONAL
32% OF
DENSELIGHT SHARES FROM ESCROW TO BUYER
* POET TECHNOLOGIES - BUYER CONFIRMED THAT TRANCHE 3 PAYMENT
OF
US$5.00 MILLION FOR REMAINING 19% WOULD BE MADE BY END OF MAY
2020
Source text for Eikon: ID:nGNX2yGYqX
Further company coverage: PTK.V
((Reuters.Briefs@thomsonreuters.com;))
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