Nanoveu (ASX: NVU) secures firm commitments to raise $2M (before costs) via Placement at $0.055/share to a restricted group of high-net-worth investors.
Key Highlights:

  • Strong demand from new and existing sophisticated investors, following the 16nm ECS-DoT SoC announcement
  • Proceeds to fund 16nm tape-out and rollout of EMASS’s modular AIoT platform
  • Phase 2 drone trials underway, targeting improved endurance across various simulated environments
  • Results expected this quarter
  • Strengthened balance sheet supports accelerated global expansion across semiconductors, smart coatings, and glasses-free 3D
  • Nanoveu is progressing its U.S. OTCQB dual-listing to support commercial strategy

Link to the Announcement: Click Here