Group One Trading LLC reports 0.7% passive stake

What did POET TECHNOLOGIES INC. announce?

Group One Trading LLC reported a passive stake of 0.7% in POET Technologies Inc., holding 1,255,050 common shares.

Key details

• Group One Trading LLC beneficially owns 1,255,050 common shares.
• This represents 0.7% of the company's common shares outstanding.
• The stake includes options to buy 1,246,200 shares.
• Group One Trading LLC is a market maker in options for POET Technologies Inc.

Why it matters

This 13G/A reports a change in ownership at POET TECHNOLOGIES INC.. The likely share-price reaction reads as neutral.

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