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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.