Aerkomm Inc. (OTCPK:AKOM) will look for acquisitions. Aerkomm announced on December 8, 2020 that on December 3, 2020, the Company closed a private placement offering (the “Offering”) consisting of $10,000,000 in aggregate principal amount of its Credit Enhanced Zero Coupon Convertible Bond due 2025 (the “Credit Enhanced Bonds”) and $200,000 in aggregate principal amount of its 7.5% convertible bonds due 2025 (the “Coupon Bonds,” and together with the Credited Enhanced Bonds, the “Bonds”).  The Company intends to primarily use the proceeds from the Offering for the purposes of: (1) conducting potential strategic investments and acquisitions, (2) building the Company's first ground station and data center in Taiwan, (3) engaging in product development; and (4) supporting its working capital.