• Progress on proposed material acquisition and capital raising
• Business development trip to India for potential commercialization opportunities
• Cash position at A$6.98 million as at 30 June 2026
• Update on Joint Development Agreement with HGST
• Payments to related parties reduced in accordance with disclosed arrangements

4DS Memory Ltd (ASX:4DS) has released its June 2026 Quarterly Activity Report and Appendix 4C, providing an update on ongoing strategic initiatives and financial activities. The company is progressing a proposed material acquisition and associated capital raising, with securities suspended pending ASX's review. Executive Chairman David McAuliffe visited India in June to explore commercialization opportunities for 4DS's 60nm Interface Switching ReRAM technology. The company also paid A$755,000 to imec for research and development services. The Joint Development Agreement with HGST is set to be renewed in August 2026. Financially, 4DS held A$6.98 million in cash as of June 30, 2026, down from A$8.47 million at March 31, 2026. Net cash used in operating activities was A$1.426 million for the quarter, primarily due to R&D and business development costs. Payments to related parties, including reduced salary and consultancy fees, amounted to approximately A$48,000.

Net cash used in operating activities A$1.426 million for June quarter

The company remains focused on its strategic initiatives, including the proposed acquisition and business development activities in India. Further updates will be provided as material developments occur.