4916 ADLINK Technology Inc.
ADLINK Technology Inc.'s subsidiary, Parpro Technologies, Inc., announced a capital increase to acquire 100% of AP Parpro, Inc.'s shares by converting USD 10 million in debt. This move aims to strengthen AP Parpro, Inc.'s financial structure.
📋 Article Processing Timeline
- 📰 Published: May 16, 2026 at 12:57
- 🔍 Collected: May 16, 2026 at 12:57 (0 min after Published)
- 🤖 AI Analyzed: May 16, 2026 at 13:43 (46 min after Collected)
Announcement Date: May 16, 2026
Reporting Date: May 15, 2026
Reporting Time: 17:25:06
Company Code: 4916
Company Name: ADLINK Technology Inc.
Subject: Announcement by subsidiary Parpro Technologies, Inc. regarding a capital increase to acquire shares of AP Parpro, Inc.
Clause: Article 20
Date of Occurrence: May 15, 2026
Explanation:
1. Name and nature of the subject matter (if it is preferred shares, the agreed issuance conditions such as dividend rate should be specified):
AP Parpro, Inc.
2. Date of occurrence: May 15, 2026 - May 15, 2026
3. Date of board meeting approval: May 15, 2026
4. Other approval dates: Not applicable
5. Quantity of transaction units, price per unit, and total transaction amount:
Parpro Technologies, Inc. acquired 100% equity of AP Parpro, Inc. through a capital increase by converting USD 10,000,000 in debt.
6. Counterparty to the transaction and its relationship with the company (if the counterparty is a natural person and not a related party of the company, disclosure of their name may be omitted):
Not applicable
7. If the counterparty is a related party, the reason for selecting the related party as the transaction object, the owner of the previous transfer, the relationship between the owner of the previous transfer, the company, and the counterparty, the date of the previous transfer, and the transfer amount shall be announced:
Not applicable
8. If the owner of the transaction subject has been a related party of the company within the past five years, the date and price of the related party's acquisition and disposal, and the relationship with the company at the time of the transaction, shall be announced:
Not applicable
9. Relevant matters regarding the disposal of receivables (including the type of collateral attached to the disposed receivables, and if the disposed receivables belong to related parties, the name of the related party and the book value of the disposed receivables of that related party shall be announced):
Not applicable
10. Disposal profit (or loss) (not applicable for acquisition of marketable securities) (for deferred items, a table explaining recognition shall be provided):
Not applicable
11. Delivery or payment terms (including payment period and amount), contractual restrictions, and other important agreements:
Acquisition of equity through debt conversion and capital increase
12. Method of determining this transaction, reference basis for price determination, and decision-making unit:
Authorized by the Board of Directors
13. Net asset value per share of the acquired or disposed marketable securities:
Not applicable
14. As of the current date, the total quantity, amount, shareholding ratio, and restrictions on rights (e.g., pledge status) of the marketable securities held (including this transaction):
USD 10,000 thousand / 100% shareholding / No restrictions on rights
15. As of the current date, the proportion of investment in marketable securities (including this transaction) listed in Article 3 of the "Regulations Governing the Acquisition and Disposal of Assets by Public Companies" to the total assets and equity attributable to owners of the parent company in the company's latest financial report, and the working capital amount in the latest financial report (Note 2):
1. Proportion of total assets: 8.26%
2. Proportion of equity attributable to owners of parent company: 10.37%
3. Working capital: NTD 195,311 thousand
16. Broker and brokerage fees:
Not applicable
17. Specific purpose or use of acquisition or disposal:
To strengthen the financial structure of AP Parpro, Inc.
18. Opinions of dissenting directors on this transaction:
None
19. Is this transaction a related party transaction: No
20. Date of supervisor approval or audit committee consent:
Not applicable
21. Does this transaction involve a non-fairness opinion from an auditor: Not applicable
22. CPA firm name:
Not applicable
23. CPA name:
Not applicable
24. CPA license number:
Not applicable
25. Does it involve a change in operating model: No
26. Explanation of change in operating model:
Not applicable
27. Transaction status with the counterparty in the past year and expected in the next year:
Not applicable
28. Source of funds:
Not applicable
29. Date of previous significant announcement on the same event: Not applicable
30. Other matters to be specified:
None
Reporting Date: May 15, 2026
Reporting Time: 17:25:06
Company Code: 4916
Company Name: ADLINK Technology Inc.
Subject: Announcement by subsidiary Parpro Technologies, Inc. regarding a capital increase to acquire shares of AP Parpro, Inc.
Clause: Article 20
Date of Occurrence: May 15, 2026
Explanation:
1. Name and nature of the subject matter (if it is preferred shares, the agreed issuance conditions such as dividend rate should be specified):
AP Parpro, Inc.
2. Date of occurrence: May 15, 2026 - May 15, 2026
3. Date of board meeting approval: May 15, 2026
4. Other approval dates: Not applicable
5. Quantity of transaction units, price per unit, and total transaction amount:
Parpro Technologies, Inc. acquired 100% equity of AP Parpro, Inc. through a capital increase by converting USD 10,000,000 in debt.
6. Counterparty to the transaction and its relationship with the company (if the counterparty is a natural person and not a related party of the company, disclosure of their name may be omitted):
Not applicable
7. If the counterparty is a related party, the reason for selecting the related party as the transaction object, the owner of the previous transfer, the relationship between the owner of the previous transfer, the company, and the counterparty, the date of the previous transfer, and the transfer amount shall be announced:
Not applicable
8. If the owner of the transaction subject has been a related party of the company within the past five years, the date and price of the related party's acquisition and disposal, and the relationship with the company at the time of the transaction, shall be announced:
Not applicable
9. Relevant matters regarding the disposal of receivables (including the type of collateral attached to the disposed receivables, and if the disposed receivables belong to related parties, the name of the related party and the book value of the disposed receivables of that related party shall be announced):
Not applicable
10. Disposal profit (or loss) (not applicable for acquisition of marketable securities) (for deferred items, a table explaining recognition shall be provided):
Not applicable
11. Delivery or payment terms (including payment period and amount), contractual restrictions, and other important agreements:
Acquisition of equity through debt conversion and capital increase
12. Method of determining this transaction, reference basis for price determination, and decision-making unit:
Authorized by the Board of Directors
13. Net asset value per share of the acquired or disposed marketable securities:
Not applicable
14. As of the current date, the total quantity, amount, shareholding ratio, and restrictions on rights (e.g., pledge status) of the marketable securities held (including this transaction):
USD 10,000 thousand / 100% shareholding / No restrictions on rights
15. As of the current date, the proportion of investment in marketable securities (including this transaction) listed in Article 3 of the "Regulations Governing the Acquisition and Disposal of Assets by Public Companies" to the total assets and equity attributable to owners of the parent company in the company's latest financial report, and the working capital amount in the latest financial report (Note 2):
1. Proportion of total assets: 8.26%
2. Proportion of equity attributable to owners of parent company: 10.37%
3. Working capital: NTD 195,311 thousand
16. Broker and brokerage fees:
Not applicable
17. Specific purpose or use of acquisition or disposal:
To strengthen the financial structure of AP Parpro, Inc.
18. Opinions of dissenting directors on this transaction:
None
19. Is this transaction a related party transaction: No
20. Date of supervisor approval or audit committee consent:
Not applicable
21. Does this transaction involve a non-fairness opinion from an auditor: Not applicable
22. CPA firm name:
Not applicable
23. CPA name:
Not applicable
24. CPA license number:
Not applicable
25. Does it involve a change in operating model: No
26. Explanation of change in operating model:
Not applicable
27. Transaction status with the counterparty in the past year and expected in the next year:
Not applicable
28. Source of funds:
Not applicable
29. Date of previous significant announcement on the same event: Not applicable
30. Other matters to be specified:
None