1. Name and nature of the subject matter: Ares Pathfinder Fund III (Offshore) LP 2. Date of occurrence: April 24, 2026 3. Transaction quantity, price per unit, and total amount: Total amount is $18,000,000 USD. 4. Counterparty and relationship with the company: Ares Pathfinder Fund III (Offshore) LP; Non-related party. 5. Reason for choosing the counterparty if it's a related party: N/A 6. Previous owners if they were related parties within 5 years: N/A 7. Matters regarding disposal of claims: N/A 8. Gains or losses from disposal: N/A 9. Terms of delivery or payment: Per contract. 10. Decision-making basis and reference: Per contract and company's asset acquisition procedures. 11. Net value per share of the target company: N/A 12. Price gap in private placement: N/A 13. Cumulative holdings after transaction: $18,000,000 USD. 14. Ratio of investment to total assets and equity: 3.84% of total assets; 5.48% of equity. 15. Brokerage fees: None. 16. Purpose of acquisition: Capital utilization. 17. Objections from directors: None. 18. Related party transaction: No. 19. Board approval date: N/A 20. Audit committee approval date: N/A 21. Opinion from CPA: No. 22. CPA Firm: Yuan He United Certified Public Accountants. 23. Name of CPA: Ruan Qionghua. 24. License No.: Tai-Cai-Zheng-Deng-(Liu) No. 2719. 25. Other matters: None.
FACT BOX
- Source: PR Times
- Category: Funding
- Organizations: High Tech Computer Asia Pacific Pte. Ltd. / Ares Pathfinder Fund III (Offshore) LP