Poet is not a SPAC

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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macnai

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Poet is not a SPAC

posted on Apr 12, 2024 09:13AM

There is an uncanny resemblance between Poet's share price to the way SPACs have been treated by the markets.

Poet share price fell from the US$10 area on Nasdaq listing to a low of $0.72.

Two SPAC companies have been given the same treatment falling from the $10 plus area and could prove to be great investments especially if you managed to get their warrants at their low points.

Airship AI fell to a low of $1.34 and is now $8.64.

SeaStar Medical fell to a low of $0.17 and is now $0.74. (Company progress update next Wednesday)