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4DS Memory Ltd. ( (AU:4DS) ) has provided an update.
4DS Memory Limited announced the issuance of 152,777,777 fully paid ordinary shares at a price of $0.036 per share, following a placement declared on January 17, 2025. This strategic move, executed without a disclosure to investors under Part 6D.2 of the Corporations Act, is a step towards strengthening the company’s financial position, potentially enhancing its competitive edge in the semiconductor industry. The issuance aligns with 4DS’s compliance with relevant legal provisions and reflects its ongoing commitment to innovation and development in memory technology.
More about 4DS Memory Ltd.
4DS Memory Limited, founded in 2007 and based in Silicon Valley, is a semiconductor technology company specializing in high bandwidth, high endurance, persistent non-volatile memory solutions for advanced CMOS process nodes. The company’s Interface Switching ReRAM technology is designed for compute-intensive and AI processor applications, featuring tunable persistence and low energy per bit. 4DS holds a portfolio of 34 USA patents and collaborates with leading industry partners such as imec, Infineon Technologies AG, and HGST, a Western Digital subsidiary.
YTD Price Performance: 0.0%
Average Trading Volume: 150,000
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $39.75M
For a thorough assessment of 4DS stock, go to TipRanks’ Stock Analysis page.
