[Brightek] Company Board of Directors Resolves Not to Continue with Cash Increase Through Private Placement Approved at the 2025 Annual Shareholders' Meeting
Brightek's board of directors resolved not to continue with the private placement of common shares approved at the 2025 annual shareholders' meeting. The remaining 20 million shares, with the deadline approaching on June 10, 2026, will not proceed further.
📋 Article Processing Timeline
- 📰 Published: April 14, 2026 at 09:00
- 🔍 Collected: April 15, 2026 at 11:00 (26h 0m after Published)
- 🤖 AI Analyzed: April 19, 2026 at 02:50 (87h 50m after Collected)
1. Board Resolution Change Date: 2026/04/14
2. Original Plan Effectiveness Date: Not applicable
3. Date of supplementary issuance: Not applicable
4. Reason for change:
I. In accordance with Article 43-6, Paragraph 7 of the Securities Transaction Act, private placement of common shares can be carried out in installments within one year from the date of the shareholders' meeting resolution. Our company's 2025 annual shareholders' meeting resolved to conduct this in two installments within the limit of not exceeding 25,000,000 shares.
II. This private placement case will expire on June 10, 2026. The uncompleted common shares of 20,000,000 shares will not continue to be processed within the remaining period due to the approaching expiration date, and it will be reported to the 2026 shareholders' meeting.
5. Fundraising plans before and after previous changes: Not applicable
6. Estimated execution progress: Not applicable
7. Estimated completion date: Not applicable
8. Estimated benefits: Not applicable
9. Difference from originally estimated benefits: Not applicable
10. Impact of this change on shareholder rights: Not applicable
11. Summary of main underwriter's opinion: Not applicable
12. Other matters to be noted: None
Keywords: Major News
2. Original Plan Effectiveness Date: Not applicable
3. Date of supplementary issuance: Not applicable
4. Reason for change:
I. In accordance with Article 43-6, Paragraph 7 of the Securities Transaction Act, private placement of common shares can be carried out in installments within one year from the date of the shareholders' meeting resolution. Our company's 2025 annual shareholders' meeting resolved to conduct this in two installments within the limit of not exceeding 25,000,000 shares.
II. This private placement case will expire on June 10, 2026. The uncompleted common shares of 20,000,000 shares will not continue to be processed within the remaining period due to the approaching expiration date, and it will be reported to the 2026 shareholders' meeting.
5. Fundraising plans before and after previous changes: Not applicable
6. Estimated execution progress: Not applicable
7. Estimated completion date: Not applicable
8. Estimated benefits: Not applicable
9. Difference from originally estimated benefits: Not applicable
10. Impact of this change on shareholder rights: Not applicable
11. Summary of main underwriter's opinion: Not applicable
12. Other matters to be noted: None
Keywords: Major News