Gigabyte Technology Co. Ltd.

05/10/2022 | Press release | Distributed by Public on 05/10/2022 03:16

On behalf of Material Subsidiary G.B.T., Inc. announce Board of directors Resolution for the subscription of new shares

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Provided by: GIGA-BYTE TECHNOLOGY CO., LTD.
SEQ_NO 1 Date of announcement 2022/05/10 Time of announcement 17:11:37
Subject
 On behalf of Material Subsidiary G.B.T., Inc.
announce Board of directors Resolution for the
subscription of new shares
Date of events 2022/05/10 To which item it meets paragraph 11
Statement
1.Date of the board of directors resolution or
 decision by the Company:2022/05/10
2.Number of shares issued:127,747shares
3.Par Value per share:NA
4.Total monetary value of the issuance:USD12,000,000
5.Issue price:USD93.94
6.Number of shares subscribed for by employees:0shares
7.Ratio of shares subscribed for by existing shareholders:
Giga-byte Technology Co., Ltd.:0%
Freedom International Group,Ltd.:100%
8.Method for public sale and no.of shares:NA
9.Handling method for fractional shares and shares unsubscripted for by the
deadline:NA
10.Rights and obligations of these newly issued shares:The same as orginal
common shares
11.Utilization of the funds from the current capital increase:Increase
working capital
12.Record date of cash capital increase and share subscription:NA
13.Last date before book closure:NA
14.Book closure starting date:NA
15.Book closure ending date:NA
16.Payment period:NA
17.Date of the agreement with the banks to collect and deposit the proceeds:
NA
18.Name of the institution designated to collect the proceeds:NA
19.Name of the bank designated to deposit the proceeds:NA
20.Any other matters that need to be specified:None.