ADISYN LTD (AI1)

The suspension of trading in the securities of Adisyn Ltd will be lifted immediately following the release by AI1 of an announcement.

Adisyn has entered into formal negotiations to acquire 100% of semiconductor IP business, 2D Generation. Adisyn will leverage 2D Generation's innovative semiconductor solution to generate opportunities in AI1's target markets including defence applications, data centres and cybersecurity. 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 data centres and beyond. The semiconductor market is thriving as the data and computing power required for generative AI continues to grow exponentially "“ with the acquisition of 2D Generation, Adisyn will be well positioned to benefit from this significant technological opportunity. 2D Generation is a partner in the EU's Connecting Chips Joint Undertaking with research and innovation partners including NVIDIA, IMEC, Valeo, Applied Minerals, NXP, and Unity. Firm commitments received to raise $3m (before costs), subject to execution of the Proposed Acquisition Agreement.

The securities of Adisyn Ltd will be suspended from quotation immediately under Listing Rule 17.2, at the request of AI1, pending the release of an announcement in relation to a response to an ASX price query, update on the 2DG collaboration and potential for an acquisition.

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