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Audio Pixels Holdings Limited ( (AU:AKP) ) just unveiled an announcement.
Audio Pixels Holdings Limited reported significant progress in advancing its Digital Sound Reconstruction technologies, with successful completion of a MEMS fabrication program and development of a next-generation ASIC controller. The company is nearing critical milestones for commercial deployment, amid strong interest from multiple industries. Financially, the company raised an additional $1.25 million through convertible notes, but its shares remain suspended on the ASX pending further capital raising to meet auditor requirements.
More about Audio Pixels Holdings Limited
Audio Pixels Holdings Limited operates in the audio technology industry, focusing on the development of Digital Sound Reconstruction (DSR) technologies. The company is engaged in creating products that can be mass-produced for various sectors, including consumer audio, automotive, and industrial applications.
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$181.1M
Find detailed analytics on AKP stock on TipRanks’ Stock Analysis page.