"growing level of customer interest"
"given progress on discussions with potential production partners and customers"
"market recognition of the need for new technologies to replace embedded Flash
memory has materially increased."
I believe there is some positives in this announcement. If these funds help speed up transfer and production as well as further developing WBT's tech are we going to be thinking about this cap raise in 3-5 years time?
remember we are still at the very start of WBT's growth story and I think the management are setting up a solid foundation to execute and grow exponentially. Now we have institutions investing in WBT that have over $65B under management with years of investing experience in tech. Ill take that as a positive in the long run.
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