Hondu Energy: Announcement of the Board of Directors' Resolution to Handle a Private Placement of Common Shares

Q: What are the key facts in this article?

Hondu Energy's Board of Directors resolved on April 24, 2026, to proceed with a private placement of common shares, not exceeding 15 million shares. This initiative aims to raise working capital, enhance the company's competitiveness, improve operational efficiency, and strengthen its financial structure for sustainable growth.

Q: What is the direct answer?

Hondu Energy's Board of Directors resolved on April 24, 2026, to proceed with a private placement of common shares, not exceeding 15 million shares. This initiative aims to raise working capital, enhance the company's competitiveness, improve operational efficiency, and strengthen its financial structure for sustainable growth.

Q: What is the source and date?

Source: https://mops.twse.com.tw/material/twse-6873-2026-04-24-82c42b1a | Date: Date unavailable

1. Date of Board of Directors resolution: 2026/04/24 2. Type of private placement securities: Common shares 3. Private placement targets and their relationship with the company: Limited to specific persons as stipulated in Article 43-6 of the Securities and Exchange Act, with priority given to those who can directly or indirectly contribute to the company's future operations. The company has not yet identified specific subscribers. 4. Number of private placement shares or units: Not exceeding 15,000 thousand shares. 5. Authorized private placement amount: It is proposed to issue common shares through private placement within the limit of 15,000 thousand shares, and the total amount of private placement will be determined by the Board of Directors based on the actual private placement situation. 6. Basis and reasonableness of private placement price determination: The determination of this private placement price shall not be lower than 80% of the higher of the prices calculated by the Board of Directors, authorized by the shareholders' meeting resolution, based on the following two criteria on the pricing date: (1) The simple arithmetic average of the closing prices of common shares calculated by selecting one of the first, third, or fifth business days prior to the pricing date, after deducting ex-rights and ex-dividends for bonus shares and adding back ex-rights for capital reductions. (2) The simple arithmetic average of the closing prices of common shares for the thirty business days prior to the pricing date, after deducting ex-rights and ex-dividends for bonus shares and adding back ex-rights for capital reductions. The aforementioned basis for private placement price determination complies with the regulations for public offering companies handling private placement securities, so the determination of the common share price for this private placement is deemed reasonable. 7. Purpose of this private placement fund: It will be used to replenish working capital,

Hondu Energy: Announcement of the Board of Directors' Resolution to Handle a Private Placement of Common Shares

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