Tian Er Technology: Announcement of Board of Directors' Resolution to Conduct Cash Capital Increase and Issue Common Stock
Tian Er Technology has resolved to conduct a capital increase by issuing 10 million shares of common stock to repay bank loans, thereby strengthening the company's financial base.
📋 Article Processing Timeline
- 📰 Published: May 11, 2026 at 09:00
- 🔍 Collected: May 12, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 12, 2026 at 23:42 (15h 42m after Collected)
1. Date of Board of Directors resolution: 2026/05/11
2. Source of capital increase funds: Cash capital increase through issuance of common stock
3. Whether the filing is a shelf registration for new stock issuance (Yes, please specify the planned issuance period/No): No
4. Total amount and number of shares to be issued in the entire case (If it is a capital surplus or reserve capital increase, the number of shares issued does not include those allocated to employees): The company plans to issue 10,000 thousand shares of common stock, with a par value of NT$10 per share, for a total issuance value of NT$100,000 thousand.
5. For shelf registration of new stock issuance, amount and number of shares issued this time: Not applicable
6. For shelf registration of new stock issuance, remaining amount and number of shares after this issuance: Not applicable
7. Par value per share: NT$10
8. Issuance price: The actual issuance price will be determined by the Chairman in consultation with the securities underwriter, in accordance with relevant laws and market conditions, after the cash capital increase plan has been filed and approved by the competent authority.
9. Number of shares subscribed by employees or allocated amount: In accordance with Article 267 of the Company Act, 10% of the increased shares, totaling 1,000 thousand shares, will be subscribed by employees.
10. Number of shares for public offering: In accordance with Article 28-1 of the Securities Transaction Act, 10% of the increased shares, totaling 1,000 thousand shares, will be offered through public subscription.
11. Proportion of subscription by original shareholders or gratuitous distribution: The remaining 80% of the issued shares will be subscribed by original shareholders according to their shareholding ratio as of the record date for subscription.
12. Treatment of fractional shares and unexercised shares: Fractional shares resulting from original shareholders not subscribing for a full share, or shares left unsubscribed after original shareholders and employees waive their rights, will be handled by the Chairman by offering them to specific individuals at the issuance price. Fractional shares arising from consolidation by shareholders within five days from the ex-rights date will be handled accordingly. Original shareholders and employees who waive their subscription rights or the fractional shares remaining after consolidation will be authorized to the Chairman to negotiate with specific individuals to subscribe at the issuance price.
13. Rights and obligations of new shares issued this time: The same as the existing shares already issued.
14. Purpose of funds raised in this capital increase: Repayment of bank loans.
15. Other matters to be stated:
(1) Upon approval of this cash capital increase by the competent authority, the Chairman will be authorized to set the record date for subscription, payment period, capitalization date, and other related matters.
(2) Due to the rapid changes in the capital market fundraising environment, in order to seize the opportunity to set the issuance conditions and actual issuance operations, regarding the number of shares, issuance price, and issuance conditions of the aforementioned cash capital increase plan, as well as the total funds required for this plan, funding sources, project items, expected benefits, and other related matters, if laws are amended, instructed for modification by the competent authority, objective circumstances change, or if amendments or adjustments are necessary due to objective or subjective circumstances, it is proposed to authorize the Chairman to fully handle amendments or adjustments.
(3) To cooperate with the relevant issuance matters of this cash capital increase, it is proposed to authorize the Chairman to represent the company in signing all relevant contracts and documents for the cash capital increase and to represent the company in handling related issuance matters.
2. Source of capital increase funds: Cash capital increase through issuance of common stock
3. Whether the filing is a shelf registration for new stock issuance (Yes, please specify the planned issuance period/No): No
4. Total amount and number of shares to be issued in the entire case (If it is a capital surplus or reserve capital increase, the number of shares issued does not include those allocated to employees): The company plans to issue 10,000 thousand shares of common stock, with a par value of NT$10 per share, for a total issuance value of NT$100,000 thousand.
5. For shelf registration of new stock issuance, amount and number of shares issued this time: Not applicable
6. For shelf registration of new stock issuance, remaining amount and number of shares after this issuance: Not applicable
7. Par value per share: NT$10
8. Issuance price: The actual issuance price will be determined by the Chairman in consultation with the securities underwriter, in accordance with relevant laws and market conditions, after the cash capital increase plan has been filed and approved by the competent authority.
9. Number of shares subscribed by employees or allocated amount: In accordance with Article 267 of the Company Act, 10% of the increased shares, totaling 1,000 thousand shares, will be subscribed by employees.
10. Number of shares for public offering: In accordance with Article 28-1 of the Securities Transaction Act, 10% of the increased shares, totaling 1,000 thousand shares, will be offered through public subscription.
11. Proportion of subscription by original shareholders or gratuitous distribution: The remaining 80% of the issued shares will be subscribed by original shareholders according to their shareholding ratio as of the record date for subscription.
12. Treatment of fractional shares and unexercised shares: Fractional shares resulting from original shareholders not subscribing for a full share, or shares left unsubscribed after original shareholders and employees waive their rights, will be handled by the Chairman by offering them to specific individuals at the issuance price. Fractional shares arising from consolidation by shareholders within five days from the ex-rights date will be handled accordingly. Original shareholders and employees who waive their subscription rights or the fractional shares remaining after consolidation will be authorized to the Chairman to negotiate with specific individuals to subscribe at the issuance price.
13. Rights and obligations of new shares issued this time: The same as the existing shares already issued.
14. Purpose of funds raised in this capital increase: Repayment of bank loans.
15. Other matters to be stated:
(1) Upon approval of this cash capital increase by the competent authority, the Chairman will be authorized to set the record date for subscription, payment period, capitalization date, and other related matters.
(2) Due to the rapid changes in the capital market fundraising environment, in order to seize the opportunity to set the issuance conditions and actual issuance operations, regarding the number of shares, issuance price, and issuance conditions of the aforementioned cash capital increase plan, as well as the total funds required for this plan, funding sources, project items, expected benefits, and other related matters, if laws are amended, instructed for modification by the competent authority, objective circumstances change, or if amendments or adjustments are necessary due to objective or subjective circumstances, it is proposed to authorize the Chairman to fully handle amendments or adjustments.
(3) To cooperate with the relevant issuance matters of this cash capital increase, it is proposed to authorize the Chairman to represent the company in signing all relevant contracts and documents for the cash capital increase and to represent the company in handling related issuance matters.