4DS Memory's strategic decision on capital raising

4DS Memory (ASX:4DS) has decided not to proceed with a planned capital raising. The company found the terms not suitable for shareholders. Instead, they plan a capital raise in early 2025. This will fund their obligations under a design agreement with Infineon Technologies LLC. The agreement involves a custom ReRAM memory test chip.

4DS Memory's future focus and strategic goals

4DS Memory Limited has opted against a current capital raise, instead planning one in early 2025 to support their design agreement with Infineon Technologies. This strategic move aligns with shareholder interests and focuses on creating a custom ReRAM memory test chip. The company will provide updates on the capital raising details in January 2025, emphasizing shareholder participation. 4DS continues to engage with investors through its Interactive Investor Hub and remains committed to transparency and strategic growth in the semiconductor industry.

Executive insights on 4DS Memory's decision

4DS has decided to defer the capital raise to align with shareholder interests. We aim to update on the capital raising in January 2025, ensuring existing shareholders can participate.