4DS Memory (ASX: 4DS) Secures $8M to Drive ReRAM Innovation

Capital Raising Overview

4DS Memory Limited (ASX: 4DS) has raised $6 million through a placement of 166.7 million shares at $0.036 per share, alongside a $2 million Share Purchase Plan (SPP). The placement, priced at a 12.2% discount to the last closing price, includes unlisted options exercisable by February 2028. Bell Potter Securities managed the placement, highlighting strong institutional confidence.

The SPP enables eligible shareholders to invest up to $30,000, with provisions for over subscriptions and institutional backing for any shortfall, ensuring robust participation.

ReRAM Technology: A Game-Changer in Memory Solutions

4DS Memory’s proprietary Interface Switching ReRAM technology bridges the gap between DRAM’s speed and flash memory’s persistence. Key advantages include:

• Tunable retention for diverse applications.
• Low energy consumption, ideal for AI and big data.
• Superior endurance and scalability for advanced semiconductor nodes.

Strategic Collaborations Powering Growth

1. Infineon Technologies Partnership
   • A custom test chip, developed over 15 months with $4.5M in funding, will validate 4DS’s technology for commercialization and potential licensing.
2. imec Collaboration
   • imec’s expertise has enabled 4DS to scale its PCMO ReRAM to the 20nm node, a critical milestone for next-generation devices.

Key Milestones Ahead

• 20nm Node Demonstration: Expected by early 2025.
• Infineon Test Chip Completion: Targeted for 2H 2026.

These milestones are pivotal for scaling ReRAM into a commercially viable solution.

Market Outlook and Investment Potential

With the global memory market projected to exceed $200 billion by 2030, 4DS Memory is well-positioned as a frontrunner in this transformative space. Institutional support underscores its credibility, while the capital raise ensures funding for strategic objectives without excessive dilution.