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Weebit Nano Ltd. ( (AU:WBT) ) has issued an announcement.
Weebit Nano has issued fully paid ordinary shares to a number of directors and employees following the vesting and exercise of restricted share rights under its Employee Incentive Option Plan, and has lodged the relevant Appendix 2A with the ASX. The company has notified the market that these shares were issued without a disclosure document under the Corporations Act, confirmed its ongoing compliance with financial reporting and continuous disclosure obligations, and stated there is no undisclosed price-sensitive information, thereby supporting transparency and regulatory confidence for shareholders.
The most recent analyst rating on (AU:WBT) stock is a Hold with a A$5.50 price target. To see the full list of analyst forecasts on Weebit Nano Ltd. stock, see the AU:WBT Stock Forecast page.
More about Weebit Nano Ltd.
Weebit Nano Ltd is a leading developer and licensor of advanced semiconductor memory technology, specialising in resistive RAM (ReRAM) non-volatile memory. Its solutions target high-performance, low-power applications across AI, Internet of Things, wearable devices, automotive, industrial automation, robotics and neuromorphic computing, and can be integrated into existing semiconductor manufacturing flows without major new investment.
Average Trading Volume: 1,062,785
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.01B
See more insights into WBT stock on TipRanks’ Stock Analysis page.