Weebit Nano Ltd (ASX:WBT) remains focused on computer memory storage technology, with the company incorporated in Israel in 2015.
Weebit has secured several patents to ensure optimal commercial and legal protection for its ground-breaking technology.
The company has been granted a trading halt by the ASX this morning, pending details of a capital raising.
The halt will remain in place until the opening of trade on Thursday 21st September 2017, or earlier if an announcement is made to the market.