FocalTech Board Resolves to Cancel Repurchased Restricted Stock Units and Reduce Capital
FocalTech's board resolved to cancel repurchased restricted stock units and reduce capital, as employees did not meet vesting conditions. The capital reduction amounts to NT$819,990, eliminating 81,999 shares, with a reduction ratio of 0.04%.
📋 Article Processing Timeline
- 📰 Published: May 8, 2026 at 09:00
- 🔍 Collected: May 9, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 9, 2026 at 09:50 (1h 50m after Collected)
1. Date of board of directors resolution: 2026/05/08
2. Reason for capital reduction: Due to employees not meeting the vesting conditions for previously granted restricted stock units, the company's board of directors resolved to cancel the repurchased restricted stock units and perform a capital reduction.
3. Capital reduction amount: NT$819,990
4. Number of shares to be canceled: 81,999 shares
5. Capital reduction ratio: 0.04%
6. Capital after reduction: 221,069,216 shares
7. Scheduled date of shareholders' meeting: Not applicable
8. Estimated number of listed common shares after capital reduction and new share listing: Not applicable
9. Ratio of estimated listed common shares after capital reduction and new share listing to total issued common shares after capital reduction (listed common shares after capital reduction / total issued common shares after capital reduction): Not applicable
10. For cases where the estimated number of listed common shares after capital reduction (as per items 8 and 9) is less than 60 million shares and less than 25%, please explain measures to address low share liquidity: Not applicable
11. Record date for capital reduction: 2026/05/26
12. Other matters to be specified: None
2. Reason for capital reduction: Due to employees not meeting the vesting conditions for previously granted restricted stock units, the company's board of directors resolved to cancel the repurchased restricted stock units and perform a capital reduction.
3. Capital reduction amount: NT$819,990
4. Number of shares to be canceled: 81,999 shares
5. Capital reduction ratio: 0.04%
6. Capital after reduction: 221,069,216 shares
7. Scheduled date of shareholders' meeting: Not applicable
8. Estimated number of listed common shares after capital reduction and new share listing: Not applicable
9. Ratio of estimated listed common shares after capital reduction and new share listing to total issued common shares after capital reduction (listed common shares after capital reduction / total issued common shares after capital reduction): Not applicable
10. For cases where the estimated number of listed common shares after capital reduction (as per items 8 and 9) is less than 60 million shares and less than 25%, please explain measures to address low share liquidity: Not applicable
11. Record date for capital reduction: 2026/05/26
12. Other matters to be specified: None