Weebits lastest Ann from yesterday,
Given the framework of Israels pension funds, i see this as huge positive. Institutional investment from these funds means they should be in for the long term and another vote of confidence for the WEEBIT journey
Further details will be announced tomorrow, but for now....
Request for Trading Halt – Weebit Nano Limited Dear Dean In accordance with the requirements of ASX Listing Rule 17.1, Weebit Nano Limited (ASX: WBT) (the Company) hereby requests an immediate trading halt of the Company’s securities quoted on the Australian Securities Exchange (ASX). In accordance with ASX Listing Rule 17.1, the Company provides the following information:
1. The Company requests the trading halt to enable the Company to finalise a proposed placement with Israel-based institutional investment and pension funds (Purpose).
2. The Company requests that the trading halt remains in place until the earlier of commencement of normal trading on Wednesday, 10 November 2021, or when the announcement regarding the Purpose as stated above is released to the market.
3. The Company is not aware of any reason why the trading halt should not be granted or of any further information necessary to inform the market about the trading halt.