Bora Pharmaceuticals Co. Ltd.

06/14/2022 | Press release | Distributed by Public on 06/14/2022 07:31

The Company's Board of Director's resolution on issung 2nd domestic unsecured convertible corporate bonds

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Provided by: Bora Pharmaceuticals Co., LTD.
SEQ_NO 5 Date of announcement 2022/06/14 Time of announcement 21:22:14
Subject
 The Company's Board of Director's resolution on
issung 2nd domestic unsecured convertible corporate bonds
Date of events 2022/06/14 To which item it meets paragraph 11
Statement
1.Date of the board of directors resolution:2022/06/14
2.Name [issue no.__ of (secured, unsecured) corporate
bonds of ___________ (company)]:Bora Pharmaceuticals
2nd domestic unsecured convertible corporate bonds
3.Whether to adopt shelf registration(Yes/No):No
4.Total amount issued:Up to NTD 800 million
5.Face value per bond:NTD 100 thousand
6.Issue price:Through auction, and the price shall not be
lower than the face value
7.Issuance period:5 year
8.Coupon rate:0%
9.Types, names, monetary values and stipulations of collaterals:NA
10.Use of the funds raised by the offering and utilization plan:
To repay the bank loan
11.Underwriting method:Through auction
12.Trustees of the corporate bonds:Authorize the chairman for decision
13.Underwriter or agent:Authorize the chairman for decision
14.Guarantor(s) for the issuance:NA
15.Agent for payment of the principal and interest:Authorize the chairman
for decision
16.Certifying institution:Paperless share
17.Where convertible into shares, the price and the rules for conversion:
Related conversion rule are in accordance with the local regulation,
conversion detail will be published after approved by the local authority
18.Sell-back conditions:Related conversion rule are in accordance with the
local regulation, conversion detail will be published after approved by
the local authority
19.Buyback conditions:Related conversion rule are in accordance with the
local regulation, conversion detail will be published after approved by
the local authority
20.Reference date for any additional share exchange,
stock swap, or subscription:Related conversion rule are in accordance with
the local regulation, conversion detail will be published after approved
by the local authority
21.Possible dilution of equity in case of any additional
 share exchange, stock swap, or subscription:Related conversion rule are in
accordance with the local regulation, conversion detail will be published
after approved by the local authority
22.Any other matters that need to be specified:
(1)After the corporate bond is approved by the local authority, the board
will authorize the chairman to decide the conversion price and related
matter.
(2)The important item for the corporate bonds, including issue price,
conversion price, planned item, price allocation and other matter, are
revised due to the change in regulation or outside environment, the board
will authorize the chairman for decision.