Commitments received for a Placement raising $2,500,000 and the company to launch an Entitlement
Offer to existing eligible Shareholders to raise an additional $2,500,000 at the same price as the Placement
Combined capital raising to progress delivery of key commercialisation milestones – development of
potential customer module and moving proprietary ReRAM technology to 28nm 300mm wafers
Funds raised to support Weebit in achieving first customer purchase orders anticipated in CY20, and
engage with a production facility to transfer technology for production
A pro-rata non-renounceable entitlement offer by WBT to
Eligible Shareholders of 1 New Share for every 9.5 Shares
held on the Record Date at an issue price of $0.39 per New
Share to raise approximately $2.5 million before costs of
the Offer.
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