Mercuries & Associates : On behalf of Mercuries & Associates, Ltd. announce change investment structure of Phi Fund, L.P.

Close

Today's Information

Provided by: MERCURIES & ASSOCIATES HOLDING, LTD.
SEQ_NO	2	Date of announcement	2022/04/15	Time of announcement	16:08:43
Subject	On behalf of Mercuries & Associates, Ltd. announce change investment structure of Phi Fund, L.P.
Date of events	2022/04/15	To which item it meets	paragraph 24
Statement	1.Name and nature of the underlying security (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g., dividend yield): Phi Fund, L.P. Private Equity Fund and FAMOUS CITY VENTURES LIMITED (New). 2.Date of occurrence of the event:2022/04/15 3.No., unit price, and monetary amount of the transaction: Volume and unit price is not available, and total monetary amount US$ 1.8 million, investment in tranches. 4.Counterparty to the trade and its relationship to the company (if the trading counterparty is a natural person and not a related party of the company, its name is not required to be disclosed): Phi GP, Ltd., not a related party. 5.Where the counterparty to the trade is a related party, an announcement shall also be made of the reason for choosing the related party as trading counterparty and the identity of the previous owner, including its relationship with the company and the trading counterparty, the price of the ownership transfer, and date of transfer:NA. 6.Where the owner of the underlying securities within the past five years has been a related party of the company, an announcement shall also include the dates and prices of acquisition and disposal by the related party and its relationship with the company at the time:NA. 7.Matters related to the creditor's rights currently being disposed of (including type of collateral of the disposed creditor's rights; if the creditor's rights are creditor's rights over a related party, the name of the related party and the book amount of such creditor's rights currently being disposed of must also be announced):NA. 8.Profit (or loss) from the disposal (not applicable in cases of acquisition of securities) (where originally deferred, the status or recognition shall be stated and explained):NA. 9.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important stipulations: Terms of delivery or payment:According to the contract, subscription in tranches. restrictive covenants in the contract, and other important stipulations: According to the contract. 10.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making unit: BOD of subsidiary Mercuries & Associates, Ltd. resolved. 11.Net worth per share of company of the underlying securities acquired or disposed of:None. 12.The discrepancy between the reference price of private placement company and the transaction amount per share is 20 percent or more:NA. 13.Current cumulative no., amount, and shareholding ratio of the securities being traded (including the current transaction) as of the date of occurrence and status of any restriction of rights (e.g.,pledges): Subsidiary Mercuries & Associates, Ltd. Current cumulative no. (including the current transaction):NA. Current cumulative amount (including the current transaction): not exceed US$ 1.8 million. Current cumulative shareholding ratio (including the current transaction): 2.12%. Current cumulative status of any restriction of rights (including the current transaction):None. Subsidiary Mercuries Furniture Co., Ltd. Current cumulative no. (including the current transaction):NA. Current cumulative amount (including the current transaction): not exceed US$ 1.2 million. Current cumulative shareholding ratio (including the current transaction): 1.41%. Current cumulative status of any restriction of rights (including the current transaction):None. 14.Privately placed securities (including the current transaction) as a percentage of total assets of the company and shareholder's equity of the parent company on the latest financial statements, and the operating capital on the latest financial statements as of the date of occurrence: percentage of total assets of the company:0.19%. percentage of shareholder's equity of the parent company on the latest financial statements:0.26%. the operating capital on the latest financial statements: NT$ 266,652 thousands. 15.Broker and broker's fee:NA. 16.Concrete purpose or use of the acquisition or disposition: increase revenue of investment. 17.Whether the directors expressed any objection to the present transaction: None. 18.Whether the trading counterparty is a related party:No. 19.Date of approval by board of directors:NA. 20.Recognition date by supervisors or approval date by audit committee:NA. 21.Whether the CPA issued an opinion on the unreasonableness of the current transaction:NA. 22.Name of the CPA firm:NA. 23.Name of the CPA:NA. 24.License no.of the CPA:NA. 25.Any other matters that need to be specified: This investment was previously approved by the board of directors of the subsidiary Mercuries & Associates, Ltd. on June 18, 2021 and October 8, 2021 to participate in the Phi Fund, L.P. private equity fund within the amount of US$ 1.8 million, which changed to the estimated total amount of investment in the Phi Fund, L.P. private equity fund and the FAMOUS CITY VENTURES LIMITED still not exceeding US$1.8 million.