08/26/2024 | Press release | Distributed by Public on 08/25/2024 23:54
Today's Information |
Provided by: BizLink Holding Inc. | |||||
SEQ_NO | 9 | Date of announcement | 2024/08/26 | Time of announcement | 13:51:20 |
Subject |
On behalf of the major subsidiary BizLink elocab GmbH, BizLink announces a capital increase via debt-to-equity conversion. |
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Date of events | 2024/08/26 | To which item it meets | paragraph 11 | ||
Statement |
1.Date of the board of directors resolution:2024/08/26 2.Source of capital increase funds:Parent company EA Cable Assemblies GmbH has contributed to the capital increase of BizLink elocab GmbH through a debt-to-equity conversion. 3.Whether to adopt shelf registration (Yes, please state issuance period/No): No 4.Total monetary value of the issuance and number of shares issued (shares issued not including those distributed to employees if consisting in capital increase from earnings or capital surplus): Monetary value: EUR 17 million. Number of shares: Not applicable 5.If adopting shelf registration, monetary value and number of shares to be issued this time:Not applicable 6.The remaining monetary value and shares after this issuance when adopting shelf registration:Not applicable 7.Par value per share:Not applicable 8.Issue price:Not applicable 9.Number of shares subscribed for by or allocated to employees:None 10.Number of shares publicly sold:None 11.Ratio of shares subscribed by or allotted as stock dividends to existing shareholders:100% 12.Handling method for fractional shares and shares unsubscripted for by the deadline:None 13.Rights and obligations of these newly issued shares:The same as those of the original shares. 14.Utilization of the funds from the capital increase:Strengthen financial structure 15.Any other matters that need to be specified:None |