AEM Holdings Ltd. announced a private placement to issue 3,350,000 shares at an issue price of SGD 3.591 per share for gross proceeds of SGD 12,029,850 on March 23, 2026. The transaction will include participation from new investor ASE Technology Holding Co., Ltd. The company also issued warrants 28,111,856 million free detachable warrants, divided equally into two exercisable tranches, with each tranche subject to certain ASE-attributable revenue-related conditions. Each warrant is exercisable into one ordinary share, with the Tranche 1 exercise price set at 103% of the volume weighted average price (?VWAP?) of AEM?s shares for the full market day on which the subscription agreement is signed, and the Tranche 2 exercise price set at 105% of such VWAP.