Powerchip Semiconductor Manufacturing Announces Issuance Terms for Cash Capital Increase and Global Depositary Receipts
Key facts
- Powerchip Semiconductor Manufacturing Announces Issuance Terms for Cash Capital Increase and Global Depositary Receipts
- Powerchip Semiconductor Manufacturing Company Limited announces the pricing completion of its cash capital increase through the issuance of ordinary shares for participation in overseas depositary receipt offerings, with total proceeds of USD 832.8 million allocated to equipment procurement and raw material purchases.
- Source: PR Times
- Date: June 9, 2026
Direct answer
Powerchip Semiconductor Manufacturing Company Limited announces the pricing completion of its cash capital increase through the issuance of ordinary shares for participation in overseas depositary receipt offerings, with total proceeds of USD 832.8 million allocated to equipment procurement and raw material purchases.
- Citation
- Powerchip Semiconductor Manufacturing Announces Issuance Terms for Cash Capital Increase and Global Depositary Receipts (June 9, 2026), PR Times
- Source
- PR Times
- Date
- June 9, 2026
Powerchip Semiconductor Manufacturing Company Limited announces the pricing completion of its cash capital increase through the issuance of ordinary shares for participation in overseas depositary receipt offerings, with total proceeds of USD 832.8 million allocated to equipment procurement and raw material purchases.
📋 Article Processing Timeline
- 📰 Published: June 9, 2026 at 09:00
- 🔍 Collected: June 10, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: June 13, 2026 at 05:22 (69h 22m after Collected)
1. Factual Date: June 9, 115 (2026)
2. Company Name: Powerchip Semiconductor Manufacturing Company Limited
3. Relationship with Company:本公司 (This Company)
4. Cross-shareholding Ratio: Not applicable
5. Reason for Occurrence: Announcement of pricing completion for the cash capital increase through issuance of ordinary shares to participate in overseas depositary receipt (GDR) offerings.
6. Countermeasures: None
7. Other Matters to be Disclosed:
I. Issuance Terms for the Cash Capital Increase and Participation in Overseas Depositary Receipts:
(1) Total Issuance Amount: USD 832,792,207.5 for overseas depositary receipts; employee subscription portion: NT$1,687,787,490 for ordinary shares.
(2) Unit Issue Price: USD 31.65 per unit.
(3) Total Number of Units Issued: 26,312,550 GDR units issued, representing 394,688,250 ordinary shares; plus 25,311,750 shares subscribed by employees, totaling 420,000,000 ordinary shares issued.
(4) Pricing Date: June 9, 115 (2026).
(5) Scheduled Issuance Date: June 12, 115 (2026).
(6) Shares Represented per GDR Unit: 1 GDR unit represents 15 ordinary shares of the company.
(7) Per-Share Price: NT$66.68 (converted at an exchange rate of USD 1:NT$31.6).
II. Issuance and Trading Venue: Luxembourg Stock Exchange.
III. Subscription by Specific Parties: None.
IV. Use of Proceeds and Expected Benefits:
(1) Use of Funds: Procurement of machinery and equipment and foreign currency purchase of raw materials.
(2) Expected Benefits: Essential investment aligned with product strategy transformation, positively contributing to the company's future operations, competitiveness, and profitability.
V. Major Impact on Shareholders' Equity:
This capital increase involves the issuance of 420,000,000 ordinary shares, resulting in an approximate 9.79% dilution of equity, which is not expected to significantly impact shareholders' equity.
2. Company Name: Powerchip Semiconductor Manufacturing Company Limited
3. Relationship with Company:本公司 (This Company)
4. Cross-shareholding Ratio: Not applicable
5. Reason for Occurrence: Announcement of pricing completion for the cash capital increase through issuance of ordinary shares to participate in overseas depositary receipt (GDR) offerings.
6. Countermeasures: None
7. Other Matters to be Disclosed:
I. Issuance Terms for the Cash Capital Increase and Participation in Overseas Depositary Receipts:
(1) Total Issuance Amount: USD 832,792,207.5 for overseas depositary receipts; employee subscription portion: NT$1,687,787,490 for ordinary shares.
(2) Unit Issue Price: USD 31.65 per unit.
(3) Total Number of Units Issued: 26,312,550 GDR units issued, representing 394,688,250 ordinary shares; plus 25,311,750 shares subscribed by employees, totaling 420,000,000 ordinary shares issued.
(4) Pricing Date: June 9, 115 (2026).
(5) Scheduled Issuance Date: June 12, 115 (2026).
(6) Shares Represented per GDR Unit: 1 GDR unit represents 15 ordinary shares of the company.
(7) Per-Share Price: NT$66.68 (converted at an exchange rate of USD 1:NT$31.6).
II. Issuance and Trading Venue: Luxembourg Stock Exchange.
III. Subscription by Specific Parties: None.
IV. Use of Proceeds and Expected Benefits:
(1) Use of Funds: Procurement of machinery and equipment and foreign currency purchase of raw materials.
(2) Expected Benefits: Essential investment aligned with product strategy transformation, positively contributing to the company's future operations, competitiveness, and profitability.
V. Major Impact on Shareholders' Equity:
This capital increase involves the issuance of 420,000,000 ordinary shares, resulting in an approximate 9.79% dilution of equity, which is not expected to significantly impact shareholders' equity.
FAQ
Where will Powerchip's GDRs be traded?
The GDRs will be issued and traded on the Luxembourg Stock Exchange.
How many shares are being issued in this capital increase?
A total of 420 million ordinary shares will be issued.
What is the use of proceeds from this issuance?
Funds will be used for equipment procurement and foreign currency raw material purchases.
What is the impact on shareholder equity?
The equity dilution is approximately 9.79%, not considered significant.
How many shares are allocated to employee subscriptions?
Employees will subscribe to 25,311,750 shares, totaling NT$1.688 billion.