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Weebit Nano Ltd. ( (AU:WBT) ) has provided an announcement.
Weebit Nano has applied to the ASX for quotation of 217,033 new ordinary fully paid shares, to be issued on March 31, 2026. The additional securities, arising from the exercise or conversion of existing options or other convertible instruments, will modestly increase the company’s free float and may provide incremental capital flexibility for its ongoing operations and growth initiatives.
The most recent analyst rating on (AU:WBT) stock is a Sell with a A$3.50 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 semiconductor technology company listed on the ASX under the code WBT. The company is focused on developing and commercialising advanced memory technologies, positioning itself within the broader electronics and chip industry.
Average Trading Volume: 1,050,537
Technical Sentiment Signal: Buy
Current Market Cap: A$805.9M
See more insights into WBT stock on TipRanks’ Stock Analysis page.