【Everlight】The company's Board of Directors resolved to proceed with a simple merger with Everlight Formosa Investment Holding Co., Ltd. in accordance with Article 19 of the Business Mergers and Acquisitions Act
Everlight International Investment Holding Co., Ltd. announced a resolution by its Board of Directors to undergo a simple merger with its wholly-owned subsidiary, Everlight Formosa Investment Holding Co., Ltd., as per Article 19 of the Business Mergers and Acquisitions Act. This merger is for organizational restructuring and is not expected to affect shareholder equity.
📋 Article Processing Timeline
- 📰 Published: May 6, 2026 at 09:00
- 🔍 Collected: May 7, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 7, 2026 at 08:24 (23 min after Collected)
1. Type of merger (e.g., merger, spin-off, acquisition or share transfer): Simple merger
2. Date of occurrence: May 6, 115th year of the Republic of China (2026)
3. Names of companies participating in the merger (e.g., other merging company, newly established company from spin-off, acquired or transferred share target company's name):
Surviving company: Everlight International Investment Holding Co., Ltd. (hereinafter referred to as Everlight Holding)
Dissolving company: Everlight Formosa Investment Holding Co., Ltd. (hereinafter referred to as Everlight Formosa Co.)
4. Counterparty to the transaction (e.g., other merging company, company transferred to another company from spin-off, transaction target for acquired or transferred shares): Everlight Formosa Investment Holding Co., Ltd. (dissolving company)
5. Is the counterparty a related party: Yes
6. Relationship between the counterparty and the company (e.g., investee company in which the company holds XX% of shares), and explanation of the reason for selecting a related enterprise or related party as the target for acquisition or share transfer, and whether it does not affect shareholders' equity:
Since the Company holds 100% of the shares of Everlight Formosa Co., both parties will proceed with a simple merger in accordance with Article 19 of the Business Mergers and Acquisitions Act. This merger is for organizational restructuring and therefore does not affect shareholders' equity.
7. Purpose and conditions of the merger, including reasons for merger, consideration conditions and payment timing (Note 7): Not applicable.
8. Expected benefits after merger: Effective integration of resources and improvement of management efficiency.
9. Impact of merger on net value per share and earnings per share: As it is a group organizational restructuring, net value per share, earnings per share, and the rights and interests of original shareholders will not be affected.
10. Type of merger consideration and source of funds: Not applicable.
11. Share exchange ratio and its calculation basis: Not applicable.
12. Non-fairness opinion issued by accountant, lawyer or securities underwriter for this transaction: Not applicable.
13. Name of accounting firm, law firm or securities underwriter: Not applicable.
14. Name of accountant or lawyer: Not applicable.
15. Practice certificate number of accountant or lawyer: Not applicable.
16. Opinion of independent expert on the reasonableness of share exchange ratio, cash or other property distributed to shareholders in this merger (I. including the method, principles or calculation methods adopted for determining the public acquisition price and comparison with internationally customary market methods, cost methods and discounted cash flow methods. II. Comparison of the financial status, profitability and price-to-earnings ratio of the acquired company with listed comparable companies. III. If the public acquisition price refers to the appraisal report of an appraisal institution, the content and conclusion of the appraisal report should be explained. IV. If the acquirer's financing repayment plan is secured by the assets or shares of the acquired company or the surviving company after the merger, the impact assessment on the financial and business soundness of the acquired company or the surviving company after the merger should be explained) (Note 7): Not applicable.
17. Scheduled completion date (Note 7): The merger effective date is tentatively set for July 1, 115th year of the Republic of China (2026).
18. Matters related to the surviving or newly established company assuming the rights and obligations of the dissolving (or spun-off) company (Note 2):
From the merger effective date, all assets, liabilities, and all rights and obligations of Everlight Formosa Co. that are still valid on the merger effective date shall be assumed by the Company.
19. Basic information of the companies participating in the merger (Note 3):
Surviving company: Everlight International Investment Holding Co., Ltd., main business: general investment industry.
Dissolving company: Everlight Formosa Investment Holding Co., Ltd., main business: general investment industry.
20. Matters related to spin-off (including estimated valuation of operations and assets to be transferred to existing or newly established companies; total number, types and quantities of shares obtained by the spun-off company or its shareholders; matters related to capital reduction when the spun-off company's capital is reduced) (Note: Not applicable if not a spin-off announcement): Not applicable.
21. Conditions and restrictions on future transfer of acquired shares: Not applicable.
22. Plans after merger completion (including I. intention and content of continuing company operations. II. whether dissolution, delisting, significant changes in organization, capital, business plans, finance and production, arrangements or utilization of important personnel, assets, or any other significant matters affecting company shareholders' equity will occur): Not applicable.
23. Other important agreements: None.
24. Other significant matters related to merger: Not applicable.
25. Dissent from directors for this transaction: No.
26. Information on interested directors involved in the merger transaction (name of natural person director or name of corporate director and name of their representative, important contents of their own or their represented legal entity's interests (including but not limited to the method of actual or anticipated investment in other participating merger companies, shareholding ratio, transaction price, participation in the management of merger companies and other investment conditions), reasons for recusal or non-recusal, recusal status, reasons for approving or opposing the merger resolution) (Note 7): None.
27. Does it involve changes in operating model: No.
28. Explanation of operating model changes (Note 4): Not applicable.
29. Transaction status with counterparty in the past year and expected next year (Note 5): Not applicable.
30. Source of funds (Note 5): Not applicable.
31. Other explanatory matters (Note 6): None.
Note 2: Matters related to the surviving or newly established company assuming the rights and obligations of the dissolving company, including treasury shares and the handling principles of issued equity-like securities.
Note 3: Basic information of the companies participating in the merger includes the company name and main content of its business operations.
Note 4: If operating model changes are involved, please specify in the column including changes in business scope, expansion/reduction of product lines, process adjustments, industry horizontal/vertical integration, or other matters involving adjustments to the operating structure.
Note 5: Not applicable for cases where private placement funds are not used for mergers and acquisitions.
Note 6: If this case requires approval or permission from domestic and foreign competent authorities (such as: Investment Commission, Fair Trade Commission, Anti-monopoly Bureau or other units) before completion, relevant matters should be specified.
Keywords: Material Information
2. Date of occurrence: May 6, 115th year of the Republic of China (2026)
3. Names of companies participating in the merger (e.g., other merging company, newly established company from spin-off, acquired or transferred share target company's name):
Surviving company: Everlight International Investment Holding Co., Ltd. (hereinafter referred to as Everlight Holding)
Dissolving company: Everlight Formosa Investment Holding Co., Ltd. (hereinafter referred to as Everlight Formosa Co.)
4. Counterparty to the transaction (e.g., other merging company, company transferred to another company from spin-off, transaction target for acquired or transferred shares): Everlight Formosa Investment Holding Co., Ltd. (dissolving company)
5. Is the counterparty a related party: Yes
6. Relationship between the counterparty and the company (e.g., investee company in which the company holds XX% of shares), and explanation of the reason for selecting a related enterprise or related party as the target for acquisition or share transfer, and whether it does not affect shareholders' equity:
Since the Company holds 100% of the shares of Everlight Formosa Co., both parties will proceed with a simple merger in accordance with Article 19 of the Business Mergers and Acquisitions Act. This merger is for organizational restructuring and therefore does not affect shareholders' equity.
7. Purpose and conditions of the merger, including reasons for merger, consideration conditions and payment timing (Note 7): Not applicable.
8. Expected benefits after merger: Effective integration of resources and improvement of management efficiency.
9. Impact of merger on net value per share and earnings per share: As it is a group organizational restructuring, net value per share, earnings per share, and the rights and interests of original shareholders will not be affected.
10. Type of merger consideration and source of funds: Not applicable.
11. Share exchange ratio and its calculation basis: Not applicable.
12. Non-fairness opinion issued by accountant, lawyer or securities underwriter for this transaction: Not applicable.
13. Name of accounting firm, law firm or securities underwriter: Not applicable.
14. Name of accountant or lawyer: Not applicable.
15. Practice certificate number of accountant or lawyer: Not applicable.
16. Opinion of independent expert on the reasonableness of share exchange ratio, cash or other property distributed to shareholders in this merger (I. including the method, principles or calculation methods adopted for determining the public acquisition price and comparison with internationally customary market methods, cost methods and discounted cash flow methods. II. Comparison of the financial status, profitability and price-to-earnings ratio of the acquired company with listed comparable companies. III. If the public acquisition price refers to the appraisal report of an appraisal institution, the content and conclusion of the appraisal report should be explained. IV. If the acquirer's financing repayment plan is secured by the assets or shares of the acquired company or the surviving company after the merger, the impact assessment on the financial and business soundness of the acquired company or the surviving company after the merger should be explained) (Note 7): Not applicable.
17. Scheduled completion date (Note 7): The merger effective date is tentatively set for July 1, 115th year of the Republic of China (2026).
18. Matters related to the surviving or newly established company assuming the rights and obligations of the dissolving (or spun-off) company (Note 2):
From the merger effective date, all assets, liabilities, and all rights and obligations of Everlight Formosa Co. that are still valid on the merger effective date shall be assumed by the Company.
19. Basic information of the companies participating in the merger (Note 3):
Surviving company: Everlight International Investment Holding Co., Ltd., main business: general investment industry.
Dissolving company: Everlight Formosa Investment Holding Co., Ltd., main business: general investment industry.
20. Matters related to spin-off (including estimated valuation of operations and assets to be transferred to existing or newly established companies; total number, types and quantities of shares obtained by the spun-off company or its shareholders; matters related to capital reduction when the spun-off company's capital is reduced) (Note: Not applicable if not a spin-off announcement): Not applicable.
21. Conditions and restrictions on future transfer of acquired shares: Not applicable.
22. Plans after merger completion (including I. intention and content of continuing company operations. II. whether dissolution, delisting, significant changes in organization, capital, business plans, finance and production, arrangements or utilization of important personnel, assets, or any other significant matters affecting company shareholders' equity will occur): Not applicable.
23. Other important agreements: None.
24. Other significant matters related to merger: Not applicable.
25. Dissent from directors for this transaction: No.
26. Information on interested directors involved in the merger transaction (name of natural person director or name of corporate director and name of their representative, important contents of their own or their represented legal entity's interests (including but not limited to the method of actual or anticipated investment in other participating merger companies, shareholding ratio, transaction price, participation in the management of merger companies and other investment conditions), reasons for recusal or non-recusal, recusal status, reasons for approving or opposing the merger resolution) (Note 7): None.
27. Does it involve changes in operating model: No.
28. Explanation of operating model changes (Note 4): Not applicable.
29. Transaction status with counterparty in the past year and expected next year (Note 5): Not applicable.
30. Source of funds (Note 5): Not applicable.
31. Other explanatory matters (Note 6): None.
Note 2: Matters related to the surviving or newly established company assuming the rights and obligations of the dissolving company, including treasury shares and the handling principles of issued equity-like securities.
Note 3: Basic information of the companies participating in the merger includes the company name and main content of its business operations.
Note 4: If operating model changes are involved, please specify in the column including changes in business scope, expansion/reduction of product lines, process adjustments, industry horizontal/vertical integration, or other matters involving adjustments to the operating structure.
Note 5: Not applicable for cases where private placement funds are not used for mergers and acquisitions.
Note 6: If this case requires approval or permission from domestic and foreign competent authorities (such as: Investment Commission, Fair Trade Commission, Anti-monopoly Bureau or other units) before completion, relevant matters should be specified.
Keywords: Material Information