Lite-On Cancels First Unsecured Convertible Bond
Key facts
- Lite-On Cancels First Unsecured Convertible Bond
- Company withdraws approved convertible bond due to stock volatility, no material impact
- Source: PR Times
- Date: June 4, 2026
Direct answer
Company withdraws approved convertible bond due to stock volatility, no material impact
- Citation
- Lite-On Cancels First Unsecured Convertible Bond (June 4, 2026), PR Times
- Source
- PR Times
- Date
- June 4, 2026
Company withdraws approved convertible bond due to stock volatility, no material impact
📋 Article Processing Timeline
- 📰 Published: June 4, 2026 at 09:00
- 🔍 Collected: June 5, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: June 7, 2026 at 05:31 (45h 31m after Collected)
Lite-On cancels its first unsecured convertible bond (40k x NT$100k) after regulator extension, citing volatility, using internal funds
FAQ
What bond was originally planned?
Unsecured convertible bond, NT$100k each, max 40k
Why cancel?
Volatility forces cancellation, protecting investors
Issuance limit amount?
Total face value up to NT$4 billion
Financial impact?
No major impact; funding from internal resources
Approval and extension dates?
Approved Dec 23 2025; extended to Jun 22 2026