Proposal to issue domestic unsecured corporate bonds through a private placement
· Issued by Insyde Software Corp.
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Today's Information
Provided by: Insyde Software Corp.
SEQ_NO
3
Date of announcement
2022/02/21
Time of announcement
17:44:13
Subject
Proposal to issue domestic unsecured corporate
bonds through a private placement
Date of events
2022/02/21
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/02/21
2.Name of the corporate bonds:Insyde Software Corp 2022 First Unsecured
Corporate Bond
3.Total amount issued:TWD 60 million
4.Face value per bond:TWD 0.1 million.
5.Issue price:The bonds will be issued at par value.
6.Issuance period:5 years.
7.Coupon rate:Annual fixed coupon rate is 0%.
8.Types, names, monetary values and stipulations of collaterals:NIL
9.Use of the funds raised by the offering and utilization plan:
To provide cash to meet long-term financing needs of the Company
and to collaborate with strategic investors on developing new technology
and products.
10.Trustees of the corporate bonds:NIL
11.Guarantor(s) for the issuance:NIL
12.Agent for payment of the principal and interest:NIL
13.Where convertible into shares, the price and the rules for conversion:NIL
14.Sell-back conditions:NA
15.Buyback conditions:NA
16.Reference date for any additional share exchange, stock swap,
or subscription:NA
17.Possible dilution of equity in case of any additional share
exchange, stock swap, or subscription:NA
18.For additional share exchange or subscription, possible
influence of change in shareholding ratio of TPEx-listed common
shares if all privately placed corporate bonds are converted
and shares subscribed for (no.of TPEx -listed common shares (a),
(a) / outstanding common shares):NA
19.Please explain any countermeasures for lower circulation in
shareholding if the aforesaid estimated no.of TPEx-listed
common shares does not reach 5 million and the ratio does not
reach 25%:NA
20.Any other matters that need to be specified:NIL