1. Is AI1 aware of any information concerning it that has not been announced to the market which, if known by some in the market, could explain the recent trading in its securities?
No.
2. If the answer to question 1 is “yes”.
(a) Is AI1 relying on Listing Rule 3.1A not to announce that information under Listing Rule 3.1? Please note that the recent trading in AI1’s securities would suggest to ASX that such information may have ceased to be confidential and therefore AI1 may no longer be able to rely on Listing Rule 3.1A. Accordingly, if the answer to this question is “yes”, you need to contact us immediately to discuss the situation.
Not applicable.
(b) Can an announcement be made immediately? Please note, if the answer to this question is “no”, you need to contact us immediately to discuss requesting a trading halt.
Not Applicable
(c) If an announcement cannot be made immediately, why not and when is it expected that an announcement will be made?
Not applicable.
3. If the answer to question 1 is “no”, is there any other explanation that AI1 may have for the recent trading in its securities?
On the 18 December 2024 the Company announced the successful completion of Due Diligence for the acquisition of 2D Generation and that the Company is progressing to settlement in January 2025.
4. Please confirm that AI1 is complying with the Listing Rules and, in particular, Listing Rule 3.1.
Confirmed
.
09 January 2025
2D Generation Acquisition Completed Acquisition of leading semiconductor technology
Highlights:
• Adisyn has formally completed the acquisition of 100% of semiconductor IP business, 2D Generation
• All securities have now been issued to 2DG shareholders, of which all are escrowed for 6 to 24 months
• 2D Generation’s founder and CEO, Arye Kohavi, to join the board as non-executive director
• 2D Generation’s semiconductor IP is a critical advancement in semiconductor technology that will enable the next generation of Generative AI and semiconductor solutions for large data centres and beyond
• AI1 is preparing for an exciting 2025 as it looks to advance its newly acquired semiconductor technology including:
o Continuing to further develop and refine processes by applying 2DG’s current Atomic Layer Deposition (ALD) machine
o Taking delivery of the latest Beneq ALD
o Working closely with leading semiconductor companies to drive material outcomes
o Identifying and developing additional applications for our core technology
o Engaging experienced semiconductor personnel to accelerate development of the interconnect and other opportunities.
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