SEQ_NO | 2 | Date of announcement | 2024/05/02 | Time of announcement | 17:06:28 |
Subject | Medeon Board of Directors resolved not to proceed the private placement of common shares approved by the 2023 Annual Shareholders' Meeting. | ||||
Date of events | 2024/05/02 | To which item it meets | paragraph 16 | ||
Statement | 1.Date of the board of directors resolution for the change:2024/05/02 2.Effective registration date of the original plan:NA 3.Resolution date of additional issuance:NA 4.Major change Reason for the change: The Company resolved on June 19, 2023 to proceed with the issuing no more than 35,000,000 common shares for capital increase through private placement by the Shareholders’Meeting. The issuing shall be completed within 1 year from the date of the resolution of the Shareholders’ Meeting, with the maximum number of installments not exceeding three. Due to the period of the private placement proposal is going to expire and the qualified strategic investors have not yet been identified, the Medeon board meeting dated May 2, 2024 has resolved not to proceed the private placement of common shares for rest of the period. 5.Content of each and every successive previously changed plan for raising of funds before and after change:NA 6.Projected timetable for execution:NA 7.Projected completion date:NA 8.Projected possible benefits:NA 9.Difference from original projected benefits:NA 10.Effect of the current change on shareholder equity:NA 11.Abstract of the original lead underwriter’s appraisal opinion:NA 12.Any other matters that need to be specified:None |