Altek Announces Board Resolution on Pricing and Investors for First Private Placement of Common Shares in 2025
AI Summary (NQ-processed)
Altek's board resolved on June 25, 2026, to issue 1,873,000 common shares via private placement at NT$24.03 per share. Yuchuan Zhilian Co., Ltd., a major shareholder, will subscribe to all shares. Proceeds will be used entirely for working capital.
AI Analysis
Frequently Asked Questions
Q: What is the purpose of Altek's private placement?
A: The funds will be fully allocated to strengthen working capital.
Q: How was the private placement price determined?
A: The price of NT$24.03 is 80% of the reference price (NT$30.03), based on the 5-day average before pricing date.
Q: Who is the investor in this private placement?
A: Yuchuan Zhilian Co., Ltd., a major shareholder with over 10% stake, subscribed to 1,873,000 shares.