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4DS Memory Initiates Trading Halt for Upcoming Capital Announcement
Company Announcements

4DS Memory Initiates Trading Halt for Upcoming Capital Announcement

Story Highlights
  • 4DS Memory Limited is a semiconductor company specializing in non-volatile memory technology.
  • The company announced a trading halt pending a capital raising announcement by 17 January 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Stay Ahead of the Market:

An update from 4DS Memory Ltd. ( (AU:4DS) ) is now available.

4DS Memory Limited announced a trading halt on its securities pending a capital raising announcement. The halt will last until the company releases the announcement or until normal trading resumes on 17 January 2025. This move could impact the company’s market activities and suggests potential strategic financial adjustments.

More about 4DS Memory Ltd.

4DS Memory Limited, listed on the ASX, is a semiconductor technology company with facilities in Silicon Valley. It specializes in high bandwidth, high endurance, persistent non-volatile memory technology for advanced CMOS process nodes. The company’s patented Interface Switching ReRAM is designed for compute-intensive and AI processor applications. Established in 2007, 4DS has significant industry partnerships with imec, Infineon Technologies AG, and HGST, a subsidiary of Western Digital.

YTD Price Performance: 0%

Average Trading Volume: 150,000

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $49.11M

For an in-depth examination of 4DS stock, go to TipRanks’ Stock Analysis page.

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