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4DS Memory ( (AU:4DS) ) has provided an update.
4DS Memory Limited held its Annual General Meeting where several resolutions were voted on. The remuneration report received a ‘first strike’ with significant opposition, while the re-election of director Howard Digby was approved. However, the approval of the 7.1A mandate and the election of several directors nominated by shareholders were not carried, indicating potential challenges in governance and strategic direction.
More about 4DS Memory
4DS Memory Limited is a semiconductor technology company based in Silicon Valley, specializing in high bandwidth, high endurance, persistent non-volatile memory for advanced CMOS process nodes. Their technology, Interface Switching ReRAM, is designed for compute-intensive and AI processor applications, and the company holds a patented IP portfolio with 34 USA patents.
Average Trading Volume: 26,562,795
Technical Sentiment Signal: Sell
Current Market Cap: A$22.67M
See more data about 4DS stock on TipRanks’ Stock Analysis page.