Date of Announcement: July 11, 2026 Date of Statement: July 10, 2026 Time of Statement: 21:06:58 Company Code: 3035 Company Name: Faraday Technology Subject: Announcement by important subsidiary Sheng Bang Investment Co., Ltd. regarding board resolution on capital increase via retained earnings and issuance of new shares Applicable Clause: Clause 11 Factual Date: July 10, 2026
Details: 1. Board Resolution Date: July 10, 2026 2. Source of Capital Increase: Retained earnings 3. Whether the issuance of new shares is under a blanket registration (if yes, specify the planned issuance period; if no): No 4. Total issuance amount and number of shares (for capital increase via retained earnings or reserves, excluding shares allocated to employees): NT$191,831,610, issuing 19,183,161 ordinary shares 5. Issuance amount and number of shares for blanket registration cases: Not applicable 6. Remaining amount and share balance after this issuance under blanket registration: Not applicable 7. Par value per share: NT$10 8. Issue price: Not applicable 9. Number of shares subscribed by employees or allocated amount: None 10. Number of publicly offered shares: Not applicable 11. Subscription or free allocation ratio for existing shareholders: Entirely allocated to the sole corporate shareholder: Faraday Technology Corporation 12. Handling of fractional shares and unclaimed shares after deadline: Not applicable 13. Rights and obligations of the newly issued shares: Same as existing shares 14. Purpose of the capital increase funds: Strengthening capital structure 15. Rationality and necessity of fundraising after cash reduction (applicable if cash reduction was conducted in the current or previous year): Not applicable 16. Other matters to be disclosed: None
FACT BOX
- Source: PR Times
- Category: Funding