tiprankstipranks
Audio Pixels Advances Towards Mass Production Amid ASX Suspension
Company Announcements

Audio Pixels Advances Towards Mass Production Amid ASX Suspension

Story Highlights

Invest with Confidence:

Audio Pixels Holdings Limited ( (AU:AKP) ) has shared an announcement.

Audio Pixels Holdings Limited has made strides in advancing its Digital Sound Reconstruction technologies towards mass production, achieving key milestones such as the ‘Process Freeze’ with its MEMS vendor, redesigning controllers, and enhancing chip assembly. The company has also issued additional convertible notes to raise working capital, despite its shares being suspended on the ASX. Efforts are underway to lift this suspension, with plans to hold the 2023 AGM and address compliance with ASX listing rules.

More about Audio Pixels Holdings Limited

Audio Pixels Holdings Limited operates within the technology sector, focusing on digital sound reconstruction technologies. Its primary products involve MEMS-based sound systems aiming for mass production. The company is engaged in advancing its Gen-II technology and expanding its intellectual property portfolio, with a market focus on scalable and consistent production processes.

YTD Price Performance: 0.0%

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: A$181.1M

For detailed information about AKP 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