Quarterly Activities/Appendix 4C Cash Flow Report

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Stock Adisyn Ltd (AI1.ASX)
Release Time 24 Apr 2025, 9:41 a.m.
Price Sensitive Yes
 Adisyn Completes Transformational Acquisition, Bolsters Board
Key Points
  • Transformational acquisition of 2D Generation completed
  • Globally-recognised semiconductor leader Kevin Crofton appointed as Chairman
  • $10 million capital raise to drive technology innovation and commercialisation
Full Summary

Adisyn Ltd has completed the transformational acquisition of 2D Generation Limited, a company that has developed a patented graphene deposition process for the next generation of semiconductor devices. The acquisition has led to a number of strategic changes, including the appointment of globally recognised semiconductor industry leader Kevin Crofton as non-executive Chairman, and 2D Generation founder Arye Kohavi as a non-executive director. The company has also appointed highly credentialled technology entrepreneur Dominic O'Hanlon to the board. Adisyn has executed a strategic partnership with the Jan Koum Center for Nanoscience and Nanotechnology at Tel Aviv University, providing access to advanced atomic layer deposition (ALD) equipment to accelerate the development of graphene-based interconnects. The company has also completed a heavily oversubscribed $10 million capital raising, with the funds to be deployed towards acquiring cutting-edge ALD equipment, driving technological innovation and development, commercialisation and strategic partnerships, and strengthening operational capabilities.The company is now well-positioned to leverage its graphene-enhanced semiconductor technologies to address critical industry challenges and drive innovation across sectors including AI, 5G, autonomous vehicles and cloud computing.

Guidance

Adisyn has not provided any high-importance, price-sensitive forward-looking financial metrics in the announcement.

Outlook

Adisyn is entering an exciting period, with access to advanced ALD equipment that has the potential to effectively deposit high quality uniform graphene at low temperatures. The company's technology has the potential to revolutionise next-generation semiconductor manufacturing by collaborating with partners on chip design, lithography, and advanced materials like graphene, with the aim of extending Moore's Law and pushing the boundaries of performance and efficiency.