tiprankstipranks
4DS Memory Secures $6 Million Funding, Launches Share Purchase Plan
Company Announcements

4DS Memory Secures $6 Million Funding, Launches Share Purchase Plan

Story Highlights

Stay Ahead of the Market:

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

4DS Memory Limited has successfully completed a $6 million placement, receiving strong support from institutional and high net worth investors, and plans to launch a $2 million Share Purchase Plan (SPP). The funds will be utilized for ongoing projects with Infineon Technologies and imec, as well as general working capital, enhancing 4DS’s position in the semiconductor industry.

More about 4DS Memory Ltd.

4DS Memory Limited operates in the semiconductor industry, focusing on the development of ReRAM (Resistive Random Access Memory) technology. The company collaborates with prominent partners such as Infineon Technologies and imec to design advanced memory solutions.

YTD Price Performance: 0.0%

Average Trading Volume: 150,000

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $44.99M

For a thorough assessment of 4DS stock, go to TipRanks’ Stock Analysis page.

Related Articles
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

Latest News Feed

More Articles