S Tech : Announcement of the company to set in 2022 cash capital increase subscription base date and other related matters.

Close

Today's Information

Provided by: S-Tech Corp
SEQ_NO	1	Date of announcement	2022/08/04	Time of announcement	15:39:04
Subject	Announcement of the company to set in 2022 cash capital increase subscription base date and other related matters.
Date of events	2022/08/04	To which item it meets	paragraph 11
Statement	1.Date of the board of directors resolution or decision by the Company for record date:2022/08/04 2.Whether to adopt shelf registration (Yes, please state issuance period /No): No 3.Effective registration date approved by competent authority:2022/7/29 4.Date of the board of directors resolution for (additional) issuance of shares:2022/05/05 5.Total monetary value of the issuance and number of shares issued: Total issuance amount NTD$300,000,000 and 30,000,000 shares of common stock issued. 6.If adopting shelf registration, monetary value and number of shares to be issued this time:NA 7.The remaining monetary value and shares after this issuance when adopting shelf registration:NA 8.Par Value per share:NTD$10. 9.Issue price: " The 5 business days before the ex-rights trading day" is the current price increase date, The issue price per share is planned to be in accordance with the "Self-regulatory Rules for Underwriting Members of the Securities and Commerce Association of the Republic of China to Guide Issuing Companies in Raising and Issuing Securities" Paragraph 1 of Article 6 authorizes the chairman of the board to negotiate with the securities underwriters according to the prevailing market conditions. 10.Number of shares subscribed for by employees: According to the Company Law , 10% of the total number of new shares to be issued, total of 3,000,000 shares subscribed by employees. 11.Ratio of shares subscribed for by existing shareholders: 80% of the total number of new shares issued in this capital increase, totaling 24,000,000 shares, will be subscribed by the original shareholders according to the shareholding ratio recorded in the shareholder register on the subscription base date, and 195.96550624 shares can be subscribed for every thousand shares. 12.Method for public sale and no.of shares: In accordance with the Securities and Exchange Act, 10% of the total number of new shares to be issued,total of 3,000,000 shares for public underwriting. 13.Handling method for fractional shares and shares unsubscripted for by the deadline: The original shareholders subscribed for less than one odd share may be processed by the shareholder within five days from the base date of subscription to the company's stock affairs agency and pooled together, and the original shareholders, employees, and public disclosure of the odd shares with less than one share To underwrite the part that has been abandoned or under-subscribed and has not been declared overdue, the board of directors authorizes the chairman of the board to contact a specific person to subscribe for it at the issue price. 14.Rights and obligations of these newly issued shares: Identical to the original issued ordinary shares. 15.Utilization of the funds from the current capital increase: Repay bank borrowings and replenish working capital. 16.Record date of cash capital increase and share subscription:2022/08/27 17.Last date before book closure:2022/08/22 18.Book closure starting date:2022/08/23 19.Book closure ending date:2022/08/27 20.Payment period:2022/08/31~2022/09/12 21.Date of the agreement with the banks to collect and deposit the proceeds: Not yet signed. 22.Name of the institution designated to collect the proceeds: An announcement will be made after the contract is signed. 23.Name of the bank designated to deposit the proceeds: An announcement will be made after the contract is signed. 24.Any other matters that need to be specified: (1)This cash capital increase and issuance of ordinary shares has been declared effective by the Financial Supervision and Administration Commission .No.1110349780, in 2022.07.29. (2)Important content of this cash capital increase,including the actual issue price,the number of shares , the conditions and methods of issuance, the amount raised, the planned projects, the progress of the use of funds, the expected benefits, etc. And other related matters,if there is a need for correction due to factual needs or changes in the objective environment, it is proposed to request the board of directors to authorize the chairman to deal with it according to the actual situation. (3)The payment period of the original shareholders and employees is 2022/8/31~2022/9/12; The payment period for a specific person is 2022/9/13~2022/9/15.