The Weebit Nano (ASX:WBT) share price is a wee-bit excited today

The Weebit Nano Ltd (ASX: WBT) share price is breaking into a new 52-week high today. Shares in the computer memory developer hit $4.27 earlier in trade today, before slipping its current $4.11. That means the Weebit share price is up 10% for the day, but more impressive is the yearly netted returns – a staggering return of 925%.

There appears to be no news out from the company today, which leaves us to take a look at what recent developments might still have investors excited.

Refreshing our memory on recent developments

Back in December last year, Weebit offered a share purchase plan (SPP) to eligible shareholders to raise $3 million at $1.70 per share. After the offer had closed, the company announced that the offer was…