Weebit Nano – Institutional Capital Raise Explained (ASX: WBT)

Weebit Nano (ASX: WBT) are a leading developer of ReRam memory technology and Weebit (WBT) recently announced an institutional placement coupled with an entitlement offer.

Weebit Nano (WBT) will be raising over $35m AUD from 4 Israel-based institutional investment and pension funds to help to accelerate the growth of their ReRam memory technology and ultimately volume production of their ReRam with Skywater Technology the Semiconductor fab.

ASX investors may be wondering what this capital raise means for the ASX: WBT share price and Weebit Nano’s future prospects as it looks to commercialise its ReRam memory technology in both the embedded and discrete memory markets.

Today we discuss who Weebit Nano is, we unpack WBT’s ReRam opportunity and then we explore where ASX: WBT may head after this capital raising and onboarding of institutional investors into the Weebit Nano (WBT) share registry.

Weebit Nano are an exciting ASX growth stock playing in the ASX Semiconductor space with a lot of ASX Investors excited about the opportunity for WBT’s ReRam memory technology.

The following timestamps have been included to guide your viewing experience:
00:00 - Welcome
00:59 - Weebit Nano Institutional Placement
02:42 - Why Institutional Investors Are Important
05:03 - ASX: WBT Capital Raise Fund Allocation
07:30 - Weebit Nano 2021 Highlights (WBT)
08:54 - The Semiconductor Triangle
11:15 - Where Does Weebit Nano (ASX: WBT) Head From Here?

#WeebitNano #WBT #ReRam
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Видео Weebit Nano – Institutional Capital Raise Explained (ASX: WBT) канала ASX Investor