Content: In accordance with Article 18 of the Issuance and Conversion Rules for DaLiang Technology's Second Domestic Unsecured Convertible Bonds.

The issuer will exercise its bond redemption right from September 1, 2026, to September 30, 2026, at a redemption price of 100.0000% of the bond's face value.

1. According to Paragraph (1) of Article 18 of the Issuance and Conversion Rules for DaLiang Technology's Second Domestic Unsecured Convertible Bonds (hereinafter referred to as “these convertible bonds”), these convertible bonds may be redeemed if the closing price of the company's common stock exceeds 130% (inclusive) of the current conversion price for 30 consecutive trading days (from July 1, 2026, to August 12, 2026) during the period starting the day after the third month from issuance (November 7, 2025) and ending 40 days before the maturity date (June 27, 2028). The company may then, within 30 trading days thereafter, send a 30-day “Bond Redemption Notice” by registered mail to bondholders (the period commences from the mailing date, with the expiry date as the redemption benchmark date, and such period shall not fall within the conversion suspension period under Article 9).

The bondholder register shall be based on the record as of the fifth business day prior to the mailing date of the “Bond Redemption Notice” (August 25, 2026). For bondholders who acquire the bonds after this date through trading or other means, notice will be made by public announcement. The company will request the TPEx to make a public announcement and redeem the outstanding convertible bonds in cash at face value within five business days after the redemption benchmark date.

2. The following are the details regarding the redemption of these convertible bonds:

(1) Notice and redemption application period: September 1, 2026, to September 30, 2026 Securities firm application period: August 31, 2026, to September 29, 2026 (applications must be submitted to your brokerage firm)

(2) Convertible bond redemption benchmark date: September 30, 2026

(3) Termination date of OTC trading: October 1, 2026

(4) Date of registered mailing of the Bond Redemption Notice: September 1, 2026

(5) If bondholders do not complete redemption procedures with their original brokerage firm before the redemption benchmark date stated in the “Bond Redemption Notice,” the company will redeem the outstanding bonds in cash at face value.

(6) Redemption price per bond: TWD 100,000

(7) Redemption payment date: October 7, 2026, delivered via bank transfer to the bondholder’s brokerage firm’s bank account

3. Redemption Procedures:

As these convertible bonds are issued in book-entry form, bondholders must bring (1) their securities account book and (2) the seal of their Central Depository account to their original brokerage firm to complete the redemption by submitting the “Application Form for Book-Entry Conversion/Redemption/Repurchase of Convertible Bonds” (Form No. 127, clearly marked for redemption). After receiving the application, the brokerage firm will submit it to the Taiwan Depository & Clearing Corporation (TDCC), which will forward it to the company’s stock transfer agent. Redemption becomes effective upon delivery, and cancellation is not permitted.

4. For bondholders wishing to convert their bonds instead of redemption, the final deadline for submitting a written conversion request to their brokerage firm is the second business day after the termination of OTC trading (must be submitted by October 2, 2026). Bondholders who fail to submit a written conversion request by this deadline will have their entire bond holdings redeemed in cash at face value. Bank transfer fees (postage) will be deducted directly from the redemption amount.

5. Company’s Stock Transfer Agent:

Fubon Securities Co., Ltd. – Stock Transfer Agency Department Address: 6F, No. 6, Sec. 1, Zhongxiao W. Rd., Zhongzheng Dist., Taipei City Phone: (02) 2371-1658

Warning: Investors are advised that bondholders eligible for conversion who do not submit a written conversion request by October 2, 2026, will have their entire bond holdings redeemed in cash at face value.

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  • Source: PR Times
  • Category: News