Adisyn (ASX:AI1) has addressed a recent ASX price query concerning trading activity in its securities. The company disclosed it is in discussions with 2D Generation Ltd for a strategic collaboration, including a potential acquisition. Adisyn aims to acquire 100% of 2D Generation, pending final negotiations and a formal agreement.
Adisyn is actively engaging in strategic discussions to acquire 2D Generation Ltd, aiming to enhance its position in the semiconductor technology sector. The proposed acquisition is still under negotiation, with a formal agreement pending. The recent spike in market interest, especially due to Nanoveu's acquisition activities, has contributed to increased trading of Adisyn's securities. Adisyn remains committed to complying with ASX Listing Rules and ensures transparent communication with stakeholders. Future announcements will be made as negotiations progress, which will shape Adisyn's strategic direction and market presence.
The market's interest in semiconductor technology, highlighted by recent acquisition announcements, has likely influenced our share price and trading volume.