[MiTAC] Announcement on Behalf of Subsidiary MiTAC Computing Technology Holdings Corp. Regarding Issuance of New Shares to Acquire MUSA Common Stock Held by Parent Company
MiTAC Computing Technology Holdings (MTH) will issue 1,614 new shares to acquire 100% of MiTAC Computing Technology USA (MUSA) from its parent company MCT for USD 15.16 million, as part of a group restructuring.
📋 Article Processing Timeline
- 📰 Published: April 17, 2026 at 09:00
- 🔍 Collected: April 18, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 18, 2026 at 21:50 (13h 50m after Collected)
1. Name and nature of underlying asset: Common stock of MiTAC Computing Technology USA Corporation (MUSA)
2. Date of occurrence: April 17, 2026
3. Date of board resolution: April 17, 2026
4. Other approval dates: Not applicable
5. Transaction volume, unit price, and total amount: Issued 1,614 new shares to acquire 1,000 shares of MUSA held by parent company MiTAC Computing Technology Corp. (MCT). Total transaction amount is USD 15,167 thousand.
6. Counterparty and its relationship: Counterparty: MCT. Relationship: Parent company holding 100% of MTH.
7. Reason for selecting related party: Group investment structure reorganization.
8-10. Not applicable.
11. Delivery/payment conditions: MTH will issue new shares to MCT to acquire 100% of MUSA's equity according to the agreement.
12. Decision-making method and price reference: Approved by the Board of Directors. Price is based on MUSA's audited financial statements as of Dec 31, 2025, and Feb 28, 2026, considering the CPA's fairness opinion.
13. Net worth per share of the acquired company: NTD 590,938.00
14. Cumulative holdings: MCT holds 100% of MTH (USD 62,158 thousand). MTH holds 100% of MUSA (USD 15,167 thousand).
15. Ratio of securities investment to total assets: 2.26% of total assets; 2.88% of equity. Working capital: NTD 139,926 thousand.
16. Broker fees: Not applicable.
17. Purpose: Group investment structure reorganization.
18-30. Not applicable / None / No.
2. Date of occurrence: April 17, 2026
3. Date of board resolution: April 17, 2026
4. Other approval dates: Not applicable
5. Transaction volume, unit price, and total amount: Issued 1,614 new shares to acquire 1,000 shares of MUSA held by parent company MiTAC Computing Technology Corp. (MCT). Total transaction amount is USD 15,167 thousand.
6. Counterparty and its relationship: Counterparty: MCT. Relationship: Parent company holding 100% of MTH.
7. Reason for selecting related party: Group investment structure reorganization.
8-10. Not applicable.
11. Delivery/payment conditions: MTH will issue new shares to MCT to acquire 100% of MUSA's equity according to the agreement.
12. Decision-making method and price reference: Approved by the Board of Directors. Price is based on MUSA's audited financial statements as of Dec 31, 2025, and Feb 28, 2026, considering the CPA's fairness opinion.
13. Net worth per share of the acquired company: NTD 590,938.00
14. Cumulative holdings: MCT holds 100% of MTH (USD 62,158 thousand). MTH holds 100% of MUSA (USD 15,167 thousand).
15. Ratio of securities investment to total assets: 2.26% of total assets; 2.88% of equity. Working capital: NTD 139,926 thousand.
16. Broker fees: Not applicable.
17. Purpose: Group investment structure reorganization.
18-30. Not applicable / None / No.