You've listed several commercialisation targets from the company that are scheduled to be completed in 1H23. I'm just thinking that the timelines for some of these targets ought to have shortened, because they have already raised $45m from the placement in March.
From the ASX ann on 23/3/23, they stated
Proceeds of the Offer will fund the further development and commercialisation of Weebit Nano’s ReRAM technology, enabling Weebit Nano to capitalise on significant opportunities in the NVM market as the Company progresses its commercialisation strategy with leading foundries and potential customers.
Commenting on the underwritten placement, Weebit Nano CEO Coby Hanoch said:
“We are very pleased to announce this important transaction. Funds raised will be applied to accelerating the development and commercialisation of our leading and innovative ReRAM technology, allowing us to deliver on the attractive opportunities we see as commercial interest in Weebit Nano’s technology continues to grow.”
All IMHO, DYOR
Share Purchase Plan, page-40
-
- There are more pages in this discussion • 124 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WBT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.43 |
Change
-0.020(0.82%) |
Mkt cap ! $458.7M | |||
| Open | High | Low | Value | Volume |
| $2.40 | $2.49 | $2.38 | $1.652M | 680.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11837 | $2.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.45 | 25000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| WBT (ASX) Chart |