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Weebit Nano Ltd to lift cash for unique opportunity

The halt will remain in place until Thursday 21st September 2017.

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Weebit shares are in pre-open

Weebit Nano Ltd (ASX:WBT) remains focused on computer memory storage technology, with the company incorporated in Israel in 2015.

Weebit has secured several patents to ensure optimal commercial and legal protection for its ground-breaking technology.

The company has been granted a trading halt by the ASX this morning, pending details of a capital raising.

The halt will remain in place until the opening of trade on Thursday 21st September 2017, or earlier if an announcement is made to the market.

Quick facts: Weebit Nano Ltd

Price: 0.39 AUD

ASX:WBT
Market: ASX
Market Cap: $28.05 m
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