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[Alchip Technologies Ltd.] Announcement of Board Resolution Not to Continue with the Private Placement of Common Shares Approved at the 2025 Ordinary Shareholders' Meeting

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Alchip Technologies Ltd. announced that its board of directors decided on May 13, 2026, not to proceed with the remaining issuance of private placement common shares approved at the 2025 shareholders' meeting. This is due to no plans to continue the private placement within the remaining issuance period. Of the original limit of 1.5 million shares, 942,675 shares will remain unissued.

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