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4DS Memory Limited (ASX:4DS)

ALERT: Price-sensitive ASX Announcement for 4DS
Current share price for 4DS : $0.011 0.001 (10%)+
Announcement
Release
31 Oct 2025 7:54PM
Price at Release
$0.010
Full Release
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Summary
4DS Memory Limited's September 2025 Quarterly Activity Report highlights key strategic decisions, operational updates, and financial status of the company. During the quarter, the company completed a root cause analysis of the 20nm Sixth Platform Lot and renewed its joint development agreement with Hitachi Global Storage Technologies. Significant changes included disengagement from collaborations with imec and Infineon Technologies to better align with commercialization objectives. Additionally, the company saw resignations from key technology and strategy executives. Financially, the company ended the quarter with $9.1 million in cash, noting a net cash outflow from operating activities of $971k. Payments to related parties amounted to $129,000. There was also an emphasis on business development activities around AI to enhance market competitiveness. The company advised shareholders to vote against new director nominations proposed by external parties to maintain governance stability.
Key Points
  • 4DS completed a root cause analysis of the 20nm Sixth Platform Lot.
  • Renewal of joint development agreement with Hitachi Global Storage Technologies.
  • Disengagement from collaborations with imec and Infineon Technologies.
  • Resignations of Chief Technology Officer Dr. Ting Yen and Chief Strategy Officer Mr. Peter Himes.
  • Cash at the end of the quarter: $9.1 million.
  • Net cash from operating activities: -$971k.
  • Payments to related parties totaled $129,000.
  • Focus on AI-related business development activities.
  • Advice against new director nominations by FYNAA Pty Ltd.
  • Strategic review and governance stability emphasized.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.