Corporate finance

POET Technologies sets 90-cent price on new shares with warrants as it seeks to raise $1.4M | Inside Your Town

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POET Technologies sets 90-cent price on new shares with warrants as it seeks to raise $1.4M | Inside Your Town

POET Technologies, a Toronto-based company with Lehigh Valley operations, plans to sell 1.6 million new shares at 90 cents each. POET will use the approximate $1.4 million in proceeds for general purposes, the company said in a statement. Buyers will also receive a warrant to purchase another share for $1.12, good for five years, for … Read more

Meal-kit maker Blue Apron to be sold — This is what that means for you

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Meal-kit maker Blue Apron to be sold — This is what that means for you

Blue Apron Blue Apron, the original meal kit service, is getting bought out by Wonder Group, a food delivery startup founded by Marc Lore, a former Walmart and Jet exec. This is pretty big news for the meal kit industry, but what does it mean for you, the customer? Well, it’s still too early to … Read more