1. Original announcement date: 115/04/27

2. Summary of original announcement: Synergy Technology Co., Ltd. (Synergy Tech) and Transway Aerospace Corporation (Transway Aerospace), subsidiaries of Wistron, passed a board resolution on April 27, 115, to proceed with a merger. The initial plan proposed an exchange ratio of approximately 0.856 shares of Synergy Tech common stock for each share of Transway Aerospace common stock, with Synergy Tech as the surviving company and Transway Aerospace as the dissolved entity.

3. Reasons for changes and key updates: This update follows the rescheduling of Transway Aerospace’s annual general meeting to August 3, 115. On June 19, 115, both companies’ boards approved amendments to the merger agreement. Key revisions include increasing Wistron’s consolidated ownership stake in Transway Aerospace to 62.6% and adjusting related timelines. The merger will proceed after shareholder approval at the upcoming general meeting, with further announcements to follow.

4. Impact on company's financials and operations: No material impact is expected on the company’s financial condition or business operations.

5. Other disclosures: None.

FACT BOX

  • Source: PR Times
  • Category: News
  • Dates in source: 115/04/27