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The latest update is out from 4DS Memory ( (AU:4DS) ).
4DS Memory Limited has received an invalid notice from three shareholders seeking to remove a director, Mr. David McAuliffe, under sections 203D and 249D of the Corporations Act. The company has informed the requisitioning shareholders of the invalidity of the notice and stated that no general meeting will be convened unless valid notices are received. This development highlights internal challenges within the company, potentially impacting its governance and stakeholder relations.
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. The company is known for its Interface Switching ReRAM technology, which offers tuneable persistence and low energy per bit, catering to compute-intensive and AI processor applications. Established in 2007, 4DS holds a portfolio of 34 USA patents and is a pioneer in developing PCMO ReRAM on advanced CMOS processing nodes.
Average Trading Volume: 26,490,748
Technical Sentiment Signal: Sell
Current Market Cap: A$20.61M
Learn more about 4DS stock on TipRanks’ Stock Analysis page.