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Weebit Nano raises $15 million in oversubscribed SPP

ASX-listed semiconductor developer Weebit Nano Limited has collected nearly $15 million in an upsized and scaled-back share purchase plan (SPP) for existing shareholders. 

Weebit Nano to advance semiconductor memory tech commercialisation with $45m placement goal

Advanced semiconductor memory technology Weebit Nano has launched a fully underwritten institutional placement to raise approximately $45 million in a bid to accelerate the development and commercialisation of the company’s advanced ReRAM semiconductor memory technology.
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Responding to manufacturing demand and performance signals

Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.