Radiant Opto-Electronics Announces Notice to Creditors Regarding Cash Capital Reduction of Subsidiary Radiant Opto-Electronics (Nanjing) Co., Ltd.
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AI Summary (NQ-processed)
Radiant Opto-Electronics Corporation announced that its subsidiary, Radiant Opto-Electronics (Nanjing) Co., Ltd., has approved a $15.75 million (30%) cash capital reduction. The deadline for creditors to raise objections is July 20, 2026.
AI Analysis
Frequently Asked Questions
- Q: Which company is reducing its capital?
- A: Radiant Opto-Electronics (Nanjing) Co., Ltd., a subsidiary of Radiant Opto-Electronics Corporation.
- Q: What is the size of the capital reduction?
- A: It is $15.75 million, representing a 30% reduction ratio.
- Q: What should creditors do?
- A: Creditors with objections must submit them in writing by July 20, 2026.