Insights

The 4DS Memory (ASX:4DS) share price is halted. Here’s what you need to know

The memory developer is planning to announce details of a capital raise…
The post The 4DS Memory (ASX:4DS) share price is halted. Here’s what you need to know appeared first on The Motley Fool Australia. –

The 4DS Memory Ltd (ASX: 4DS) share price is frozen again after entering a trading halt yesterday.

Shares in the semiconductor developer have gone back into a halt after having resumed trade earlier this month following a nearly two-month trading suspension.

So why has 4DS Memory jumped back into a trading halt?

What’s going on with the 4DS Memory share price?

Planning for a share placement

Investors might be wondering what is going on with the 4DS Memory share price as it sits motionless at 5.9 cents today. Yesterday morning, the company entered the halt as it plans to make an announcement on a proposed capital raising.

According to the release, the proposed raising will be comprised of a placement and share purchase plan. However, until the company provides its pending announcement, there is little more known on the specifics.

The company’s last capital raise was successfully conducted across June and July of last year. Back then, 4DS Memory managed to raise $4.5 million via a placement of 100 million shares at 4.5 cents a pop. In addition, an oversubscribed share purchase plan resulted in another $3.1 million of capital.

At the end of 30 September 2021, $2.86 million of cash on hand was held by the ReRAM memory developer.

Furthermore, the expected capital raising comes after the company recently provided a technical update. As a consequence of the details shared in this update, 4DS Memory noted delays to its original timeline. Considering the chipmaker is not yet profitable, this would mean more cash needed to sustain continued development.

What’s next?

The trading halt is to remain in place until either the company makes its announcement or Thursday 25 November, whichever comes first.

Once the announcement is made, shareholders will have a clearer idea of how much capital the company is aiming to raise. Investors will also be looking to see at what share price 4DS Memory will attempt to raise the additional funds.

The post The 4DS Memory (ASX:4DS) share price is halted. Here’s what you need to know appeared first on The Motley Fool Australia.

Should you invest $1,000 in 4DS Memory right now?

Before you consider 4DS Memory, you’ll want to hear this.

Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and 4DS Memory wasn’t one of them.

The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

*Returns as of August 16th 2021

More reading

4DS Memory (ASX:4DS) share price crashes 46% amid technical stumble

What’s going on with the 4DS Memory (ASX:4DS) share price?

Motley Fool contributor Mitchell Lawler has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

Trade The World Anywhere & Anytime!

Mobile app platform with over 50,000 global listed securities across 12 markets (over 70% global market capitalisation), right from your Android or iOS device.

Integrated with exclusive trading idea and investment analysis tools to help you find actionable insight on virtually every financial instrument across our 12 global markets, to help you optimise your trading strategies.

Refer Your Friends

Tell your friends about Monex and gift them FREE access to our trading tools.

We respect your privacy and will only send this one email notification to your friends. 

Share With Your Friends

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;


To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.


An active and funded account with a positive trading balance is required to continue to have access to the tools;


Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;


Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!