Adisyn Ltd Cuts Costs with Lease Surrender
Company Announcements

Adisyn Ltd Cuts Costs with Lease Surrender

DC Two Ltd. (AU:AI1) has released an update.

Adisyn Ltd has surrendered its lease for the Bibra Lake premises, anticipating an annual savings of around $350k and a shift towards a capital light model by providing data center solutions through third-party providers. The company is also focusing on strategic partnerships for next-generation data center and cybersecurity solutions. Additionally, in the legal dispute with Cannontech Technologies Ltd, the lessor has indemnified Adisyn against any potential damages.

For further insights into AU:AI1 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App