Announcement of cancellation of the Company restricted stock awards and change of paid-in capital registration
· Issued by Speed Tech Corp.
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Today's Information
Provided by: SPEED TECH CORP.
SEQ_NO
1
Date of announcement
2022/06/01
Time of announcement
20:01:25
Subject
Announcement of cancellation of the Company
restricted stock awards and change of paid-in capital
registration
Date of events
2022/06/01
To which item it meets
paragraph 36
Statement
1.Date of the competent authority's approval of capital
reduction:2022/05/31
2.Date of completion of capitalization change registration:2022/05/31
3.Effect on the financial statements (including any
discrepancy between the amount of paid-in capital and
the no.of shares outstanding, and the effect on net
worth per share):
(1)Before the redemption of the restricted stocks to employees:
Speedtech Corporation's paid-in capital was NT$1,702,799,000, outstanding
shares were 170,279,900 shares, and the net book value per share
was NT$23.497
(2)After the redemption of the restricted stocks to employees:
Speedtech Corporation's paid-in capital was NT$1,702,619,000, outstanding
shares were 170,261,900 shares, and the net book value per share
was NT$23.499
4.Plan for expected exchange of shares:NA
5.Estimated no.of listed common shares after capital
reduction and new issue:NA
6.Estimated no.of listed
common shares as a percentage
of issued common shares after capital reduction and
new issue (No.of common
shares after capital reduction/No.of issued
common shares):NA
7.Countermeasures for poor circulation of equity if the
aforesaid estimated no.of
listed common shares does
not reach 5 million shares
and the percentage does not
reach 25% after capital
reduction:NA
8.Any other matters that need
to be specified:
(1)The capitalization change registration of Speedtech Corporation has been
approved by the regulator on 2022/06/01.
(2)The above net book value per share was based on the 2022Q1 financial
statements reviewed by CPA.