Announcement of Arcadyan's completion of
capitalization change registration regarding cancellation
of restricted employee shares
Date of events
2022/05/26
To which item it meets
paragraph 36
Statement
1.Date of the competent authority's approval of capital reduction:2022/05/25
2.Date of completion of capitalization change registration:2022/05/25
3.Effect on the financial statements (including any discrepancy between the
amount of paid-in capital and the no.of shares outstanding, and the effect
on net worth per share):
(1)Arcadyan's paid-in capital was NT$2,203,758,210, outstanding shares
were 220,375,821 shares, and the net worth per share was NT$54.10
(2)After completion of registration: Arcadyan's paid-in capital was
NT$2,203,543,210, outstanding shares were 220,354,321 shares, and
the net worth per share was NT$54.11
(The calculation was based on the 2022Q1 financial statements)
4.Plan for expected share replacement operations:NA
5.Estimated no.of listed common shares after capital reduction and new issue:
NA
6.Estimated no.of listed common shares as a percentage of issued common
shares after capital reduction and new issue (No.of common shares after
capital reduction/No.of issued common shares):NA
7.Countermeasures for poor circulation of equity if the aforesaid estimated
no.of listed common shares does not reach 60 million shares and the
percentage does not reach 25% after capital reduction:NA
8.Any other matters that need to be specified:
(1)Arcadyan original paid-in capital was included 2,969,654 common shares
which were converted from the Domestic 1st Unsecured Convertible Corporate
Bond.
(2)The Company received the letter of approval for capital reduction from the
competent authority on 2022/5/26.
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Arcadyan Technology Corporation published this content on 26 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 May 2022 12:20:26 UTC.
Arcadyan Technology Corp is a Taiwan-based company principally engaged in the research, development, manufacture and sale of wireless local area network (LAN) products and broadband wireless gateways. The Company's main products include wireless LAN products, integrated digital home and mobile office multimedia gateways and wireless audio and video products. The Company distributes its products in domestic market and to overseas markets.