Australia's dorsaVi climbs to 1-month high on portfolio acquisition

Dorsavi

12/11/2025 03:00

** Shares of dorsaVi Limited DVL.AX rise as much as 18% to A$0.059, their highest level since October 10

** Stock set for its strongest trading session since October 3, if current trends hold

** The motion analysis device maker secures exclusive and transformational neuromorphic portfolio from Technion Research & Development Foundation

** Co to issue 80 million fully paid ordinary shares to Technion Research & Development Foundation Ltd & Neurofabrica Pty as deal consideration

** Portfolio to elevate DVL's biomedical and robotics reflex platforms into a new era of adaptive, next generation intelligence, dorsaVi says

** About 26.9 million shares change hands, 4.9x the 30-day average volume

** Shares rise 366.7% YTD, including the day's moves

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))