Brief: Poet Technologies to acquire BB Photonics
May 17 (Reuters) - Poet Technologies Inc PTK.V
* Upon completion of transaction, poet will own 100% of bb
photonics and its assets
* Says there will be no liabilities assumed on closing
* Will acquire 100% of shares of bb photonics from
shareholders in consideration of issuance of about 2 million
shares from its treasury
* Poet technologies to acquire bb photonics
Source text for Eikon: ID:nGNXMRMAWa
Further company coverage: PTK.V
(Bengaluru Newsroom: +1-646-223-8780)
Recent news on POET Technologies
See all newsBrief: Poet Technologies To Proceed With Voluntary Delisting From TSXV
Brief: Poet Signs Manufacturing Agreement With Nationgate Solutions In Malaysia
Brief: POET Completes Acquisition Of Super Photonics Xiamen
Brief: POET Technologies Signs Manufacturing Agreement with Globetronics in Malaysia
Brief: POET Technologies Announces Appointment of New Director