4DS Memory Limited provided an update on the 2023 imec collaboration extension and the planned manufacturing of the Fourth Platform Lot wafers. 4DS and imec have now finalised the terms of the 2023 collaboration extension which will now run to mid-2023. 4DS and imec have agreed to additional collaboration activities to be undertaken during the rest of 2022 and first half of 2023.

The consideration for all collaboration activities is EUR 903,000.