Adisyn (ASX:AI1) has completed a strategic review of its operations, identifying major opportunities to expand and unlock potential by allocating additional capital to its semiconductor business, according to a Tuesday Australian bourse filing.
The review covered its wholly owned graphene-based semiconductor subsidiary, 2D Generation, as well as its managed information technology and cybersecurity business, Adisyn Services, per the filing.
The company is considering various options to unlock shareholder value from Adisyn Services, including a potential transaction, change of control with partners, or sale of the business unit, with no agreements currently in place, the filing added.
The company's shares rose 5% in recent Tuesday trade.