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.
ASE Technology Holding Co Ltd is a Taiwan-based company that mainly invests in packaging services, testing services, electronic product assembly technology and manufacturing services. The investment business includes general investment business projects. The packaging and testing business provides integrated circuit (IC) services, including packaging and module design, IC packaging, multi-chip packaging, micro and hybrid modules, memory packaging, front-end testing, wafer probe testing, finished product testing, substrate design, and manufacturing. The electronic manufacturing service business mainly provides a series of professional services such as development and design, material procurement, production and manufacturing, logistics, maintenance and other after-sales services for domestic and foreign brand manufacturers in the fields of communications, consumer electronics, computers, storage industrial, automotive electronics and other types of electronic products.
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Investor
Investor
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Global
Global
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ESG MSCI
ESG MSCI
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