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【Lite-On Technology】Announcement of Application to Cancel Issuance of First Domestic Unsecured Convertible Bonds, Approved by FSC

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AI Summary (NQ-processed)

Lite-On Technology announced that due to recent significant stock market volatility, in order to avoid affecting the company and shareholders' interests, it applied to the competent authority to cancel the issuance of the first domestic unsecured convertible bonds, and the application has been approved. The cancellation has no material impact on the company's financial and business operations, and the original capital requirements will be met with internal funds or other means.

AI Analysis

Frequently Asked Questions

Q: Why did Lite-On Technology cancel the convertible bond issuance?
A: Due to significant stock market volatility, to protect shareholder interests.
Q: Does the cancellation affect the company's financials?
A: No material impact; funding will be from internal resources or other means.
Q: Has the FSC approved the cancellation?
A: Yes, the FSC approved on June 8, 2026.