Techcential International Ltd announced a private placement of up to 4,500,000 common shares at an issue price of TWD 10 per share for gross proceeds of TWD 45,000,000 on July 21, 2023. The transaction will include participation from returning shareholders for up to 3,750,000 shares and employees of the company for up to 750,000 shares. The transaction has been approved by board of directors of the company.