Israel-based graphene quantum-dots (GQD) developer Dotz Nano has successfully concluded its IPO and is now listed in the Australian stock exchange under the ticker ASX:DTZ.
The IPO was very successful - Dotz Nano raised $6 million AUD and the shares doubled in the first day of trading. Following the IPO, Dotz Nano signed a memorandum of understanding with Nanyang Technological University, Singapore (NTU Singapore) to establish a graphene quantum dots application research center.
Dotz Nano will have exclusive licensing rights to commercialize application developed in the new research center. Dotz Nano and NTU will invest $14 million USD in the next five years.
Dotz Nano is producing its GQDs from coal, using a technology originally developed at Rice University.