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The latest update is out from 4DS Memory ( (AU:4DS) ).
In a recent address at the Annual General Meeting, 4DS Memory Limited’s Executive Chairman, David McAuliffe, acknowledged the company’s recent challenges and shareholder frustrations. The company is undergoing a Strategic Review to stabilize operations, preserve capital, and explore value-accretive pathways. The board emphasized its commitment to responsible governance, legal compliance, and long-term value creation, urging shareholders to rely on official announcements for accurate information. The board also highlighted the importance of maintaining stability during the review process and expressed openness to future board composition changes to support growth.
More about 4DS Memory
4DS Memory Limited, established in 2007 and based in Silicon Valley, is a semiconductor technology company 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. 4DS holds a patented IP portfolio with 34 USA patents and is the first to develop PCMO ReRAM on an advanced CMOS processing node.
Average Trading Volume: 26,562,795
Technical Sentiment Signal: Sell
Current Market Cap: A$22.67M
For a thorough assessment of 4DS stock, go to TipRanks’ Stock Analysis page.