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WEEBIT NANO LTD — Capital/Financing Update 2019
Sep 5, 2019
66042_rns_2019-09-05_9f0629bc-5c54-4092-8a72-e7f20d67bfca.pdf
Capital/Financing Update
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Entitlement Offer – Despatch of Offer Document Completed
6 September 2019
On 27 August 2019 Weebit Nano (ASX: WBT) (the “ Company ”) released the Offer Document to the ASX in relation to raising up to approximately $2.5 million (before costs) through a pro rata non-renounceable entitlement offer of 1 fully paid ordinary share in the capital of the Company (“ Share ”) for every 9.5 shares held by eligible shareholders at an issue price of $0.39 per share (“ Offer “).
Pursuant to ASX Listing Rule 3.17 and the timetable set out in the Offer Document, the Company is pleased to advise that it has now sent the Offer Document and entitlement and acceptance forms which relate to the Offer to all eligible shareholders.
The Company also advises that the mailing address on page 8 of the Offer Document released to the market on 27 August 2019 has been amended within the version being despatched today as follows:
Weebit Nano Ltd, c/- Computershare Investor Services Pty Limited, GPO Box 505, Melbourne VIC 3001, Australia
If you have any queries concerning the Offer, please contact your professional advisor or Market Eye, the Company’s investor relations provider.
For further information, contact:
Investors Media Eric Kuret Tristan Everett Market Eye Market Eye P: +61 3 9591 8904 P: +61 3 9591 8905 E: [email protected] E: [email protected]
About Weebit Nano Limited
Weebit Nano is a leader in the development of next generation computer memory technology, and plans to become the new industry standard in this space. Its goal is to address the growing need for a significantly higher performance and lower power computer memory technology. Weebit Nano’s ReRAM technology is based on fab-friendly Silicon Oxide, allowing the company to rapidly execute, without the need for special equipment or preparations. The company secured several patents to ensure optimal commercial and legal protection for its ground-breaking technology.
Weebit Nano’s technology enables a quantum leap, allowing semiconductor memory elements to be significantly cheaper, faster, more reliable and more energy efficient than the existing Flash technology. Weebit Nano has signed an R&D agreement with Leti, an R&D institute that specialises in nanotechnologies, to further develop SiOx ReRAM technology.
- For more information please visit: http://www.weebit nano.com/
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Contact
Office: +972-9-7797832 [email protected] www.weebit-nano.com