[AdvanTech] The Company's Board of Directors Resolves to Issue Domestic Third and Fourth Unsecured Convertible Corporate Bonds
AdvanTech's Board of Directors resolved on May 8, 2026, to issue domestic third and fourth unsecured convertible corporate bonds, with a total maximum of NTD 3 billion. The funds will be used for repaying bank borrowings, supplementing working capital, and capital expenditures.
📋 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 08:32 (32 min after Collected)
1. Date of Board of Directors' resolution: May 8, 2026.
2. Name [XX Company's Xth (Secured/Unsecured) Corporate Bonds]: AdvanTech Co., Ltd. Domestic Third and Fourth Unsecured Convertible Corporate Bonds.
3. Is it a comprehensive filing for corporate bond issuance (Yes/No): No.
4. Total issuance amount: The combined maximum face value of the domestic third and fourth unsecured convertible corporate bonds is NTD 3,000,000 thousand.
5. Face value per bond: The face value of each of the domestic third and fourth unsecured convertible corporate bonds is NTD 100,000.
6. Issuance price: The domestic third and fourth unsecured convertible corporate bonds are intended to be publicly offered through book-building and competitive bidding. For book-building, the issuance price will be 103% to 107% of the face value; for competitive bidding, the floor price will not be lower than 103% of the face value, and the actual total issuance amount will be determined based on the results of the competitive bidding.
7. Issuance period: The issuance period for the domestic third and fourth unsecured convertible corporate bonds is 3 years.
8. Issuance interest rate: The coupon rate for the domestic third and fourth unsecured convertible corporate bonds is 0%.
9. Type, name, amount, and agreed terms of collateral: Not applicable.
10. Use of proceeds and implementation plan: Repaying bank borrowings, supplementing working capital, and covering capital expenditures. One or more uses will be planned based on the company's operations and capital needs to support the company's long-term development plan and enhance corporate competitiveness.
11. Underwriting method: The domestic third and fourth unsecured convertible corporate bonds are intended to be publicly offered through book-building and competitive bidding.
12. Corporate bond trustee: The Board of Directors authorizes the Chairman to handle all matters at his discretion.
11. Underwriting or sales agent: Yuanta Securities Co., Ltd.
14. Issuance guarantor: Not applicable.
15. Agent for principal and interest repayment: CTBC Bank Co., Ltd. Agency Department.
16. Certifying institution: Not applicable, as paperless issuance will be adopted.
17. Conversion method for convertible shares: After the relevant conversion methods are reported to the Financial Supervisory Commission and become effective, the Chairman is authorized to jointly determine them with the lead underwriter based on financial market conditions and then announce them separately.
18. Put option conditions: The relevant regulations will be handled in accordance with applicable laws and regulations and will be announced separately after approval by the relevant competent authorities.
19. Call option conditions: The relevant regulations will be handled in accordance with applicable laws and regulations and will be announced separately after approval by the relevant competent authorities.
20. Record date for conversion, exchange, or subscription for those with such rights: The relevant regulations will be handled in accordance with applicable laws and regulations and will be announced separately after approval by the relevant competent authorities.
21. Stock dilution for those with conversion, exchange, or subscription rights: The relevant regulations will be handled in accordance with applicable laws and regulations and will be announced separately after approval by the relevant competent authorities.
22. Other matters to be specified:
(1) After the convertible corporate bonds are reported to the competent authority and become effective, the Chairman is authorized to set the issuance date and apply to the Taipei Exchange for OTC trading.
(2) Due to the rapid changes in the capital market's fundraising environment, to ensure the timeliness of setting issuance conditions and actual issuance operations, the Chairman is authorized to handle all matters concerning the expected and actual issuance amount (number of shares), fundraising amount, issuance conditions, formulation of issuance and conversion methods, as well as the total amount of capital required, sources of funds, project items, progress of fund utilization, expected possible benefits, timing of fundraising, public offering method, extension, cancellation, and other related matters for this issuance of domestic third and fourth unsecured convertible corporate bonds, if instructed by the competent authority, relevant laws and regulations are amended, or revisions are required due to objective environmental changes.
(3) To cooperate with the issuance operations of the domestic third and fourth unsecured convertible corporate bonds fundraising plan, the Chairman is authorized to represent the company in signing all relevant contracts and documents for the issuance and to handle related issuance matters on behalf of the company.
2. Name [XX Company's Xth (Secured/Unsecured) Corporate Bonds]: AdvanTech Co., Ltd. Domestic Third and Fourth Unsecured Convertible Corporate Bonds.
3. Is it a comprehensive filing for corporate bond issuance (Yes/No): No.
4. Total issuance amount: The combined maximum face value of the domestic third and fourth unsecured convertible corporate bonds is NTD 3,000,000 thousand.
5. Face value per bond: The face value of each of the domestic third and fourth unsecured convertible corporate bonds is NTD 100,000.
6. Issuance price: The domestic third and fourth unsecured convertible corporate bonds are intended to be publicly offered through book-building and competitive bidding. For book-building, the issuance price will be 103% to 107% of the face value; for competitive bidding, the floor price will not be lower than 103% of the face value, and the actual total issuance amount will be determined based on the results of the competitive bidding.
7. Issuance period: The issuance period for the domestic third and fourth unsecured convertible corporate bonds is 3 years.
8. Issuance interest rate: The coupon rate for the domestic third and fourth unsecured convertible corporate bonds is 0%.
9. Type, name, amount, and agreed terms of collateral: Not applicable.
10. Use of proceeds and implementation plan: Repaying bank borrowings, supplementing working capital, and covering capital expenditures. One or more uses will be planned based on the company's operations and capital needs to support the company's long-term development plan and enhance corporate competitiveness.
11. Underwriting method: The domestic third and fourth unsecured convertible corporate bonds are intended to be publicly offered through book-building and competitive bidding.
12. Corporate bond trustee: The Board of Directors authorizes the Chairman to handle all matters at his discretion.
11. Underwriting or sales agent: Yuanta Securities Co., Ltd.
14. Issuance guarantor: Not applicable.
15. Agent for principal and interest repayment: CTBC Bank Co., Ltd. Agency Department.
16. Certifying institution: Not applicable, as paperless issuance will be adopted.
17. Conversion method for convertible shares: After the relevant conversion methods are reported to the Financial Supervisory Commission and become effective, the Chairman is authorized to jointly determine them with the lead underwriter based on financial market conditions and then announce them separately.
18. Put option conditions: The relevant regulations will be handled in accordance with applicable laws and regulations and will be announced separately after approval by the relevant competent authorities.
19. Call option conditions: The relevant regulations will be handled in accordance with applicable laws and regulations and will be announced separately after approval by the relevant competent authorities.
20. Record date for conversion, exchange, or subscription for those with such rights: The relevant regulations will be handled in accordance with applicable laws and regulations and will be announced separately after approval by the relevant competent authorities.
21. Stock dilution for those with conversion, exchange, or subscription rights: The relevant regulations will be handled in accordance with applicable laws and regulations and will be announced separately after approval by the relevant competent authorities.
22. Other matters to be specified:
(1) After the convertible corporate bonds are reported to the competent authority and become effective, the Chairman is authorized to set the issuance date and apply to the Taipei Exchange for OTC trading.
(2) Due to the rapid changes in the capital market's fundraising environment, to ensure the timeliness of setting issuance conditions and actual issuance operations, the Chairman is authorized to handle all matters concerning the expected and actual issuance amount (number of shares), fundraising amount, issuance conditions, formulation of issuance and conversion methods, as well as the total amount of capital required, sources of funds, project items, progress of fund utilization, expected possible benefits, timing of fundraising, public offering method, extension, cancellation, and other related matters for this issuance of domestic third and fourth unsecured convertible corporate bonds, if instructed by the competent authority, relevant laws and regulations are amended, or revisions are required due to objective environmental changes.
(3) To cooperate with the issuance operations of the domestic third and fourth unsecured convertible corporate bonds fundraising plan, the Chairman is authorized to represent the company in signing all relevant contracts and documents for the issuance and to handle related issuance matters on behalf of the company.