Merry Corporation's Participation in the Private Placement of Common Shares of SYNergy ScienTech Corp.

Close

Today's Information

Provided by: MERRY ELECTRONICS CO.,LTD.
SEQ_NO	8	Date of announcement	2021/10/28	Time of announcement	21:44:15
Subject	Merry Corporation's Participation in the Private Placement of Common Shares of SYNergy ScienTech Corp.
Date of events	2021/10/28	To which item it meets	paragraph 24
Statement	1.Name and nature of the underlying security (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g., dividend yield): Private placement of common shares of SYNergy ScienTech Corp. 2.Date of occurrence of the event:2021/10/28 3.No., unit price, and monetary amount of the transaction: (1)No. of the transaction:7,300,000 shares. (2)Unit price of the transaction:NT$25.8. (3)Monetary amount of the transaction:NT$188,340 thousand. 4.Counterparty to the trade and its relationship to the company (if the trading counterparty is a natural person and not a related party of the company, its name is not required to be disclosed):N/A. 5.Where the counterparty to the trade is a related party, an announcement shall also be made of the reason for choosing the related party as trading counterparty and the identity of the previous owner, including its relationship with the company and the trading counterparty, the price of the ownership transfer, and date of transfer:N/A. 6.Where the owner of the underlying securities within the past five years has been a related party of the company, an announcement shall also include the dates and prices of acquisition and disposal by the related party and its relationship with the company at the time:N/A. 7.Matters related to the creditor��s rights currently being disposed of (including type of collateral of the disposed creditor��s rights; if the creditor��s rights are creditor��s rights over a related party, the name of the related party and the book amount of such creditor��s rights currently being disposed of must also be announced):N/A. 8.Profit (or loss) from the disposal (not applicable in cases of acquisition of securities) (where originally deferred, the status or recognition shall be stated and explained):N/A. 9.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important stipulations: (1)Terms of delivery or payment:Merry Corporation pays the consideration of the subscribed shares to the appointed bank account of SYNergy ScienTech Corp. in exchange of common shares of SYNergy ScienTech which should be transferred by SYNergy ScienTech to Merry Corporation's securities custody account after SYNergy ScienTech confirms arrival of Merry Corporation's payment. (2)Restrictive covenants in the contract, and other important stipulations:None. 10.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making unit: (1)The arrangement of the transaction was proposed by the general management office of Merry Corporation according to the internal control implementation rules. (2)The arrangement of the transaction was approved by the audit committee and board of directors of Merry Corporation. 11.Net worth per share of company of the underlying securities acquired or disposed of:N/A. 12.The discrepancy between the reference price of private placement company and the transaction amount per share is 20 percent or more:N/A. 13.Current cumulative no., amount, and shareholding ratio of the securities being traded (including the current transaction) as of the date of occurrence and status of any restriction of rights (e.g.,pledges): (1)Current cumulative no.of the securities being traded (including the current transaction):less than 7,300,000 shares. (2)Current cumulative amount:NT$188,340 thousand. (3)Shareholding ratio:It accounts for 100% of the current private placement of common shares. 14.Privately placed securities (including the current transaction) as a percentage of total assets of the company and shareholder��s equity of the parent company on the latest financial statements, and the operating capital on the latest financial statements as of the date of occurrence: (1)As a percentage of total assets:0.69% (2)As a percentage of shareholder��s equity of the parent company:1.72% (3)Operating capital:NT$-562,864 thousand. 15.Broker and broker's fee:None. 16.Concrete purpose or use of the acquisition or disposition:To establish a good and long-term partnership with vendors of the button cell battery and minicells with high quality, and to explore new customers together to enhance the added value. 17.Whether the directors expressed any objection to the present transaction: N/A. 18.Whether the trading counterparty is a related party:N/A. 19.Date of approval by board of directors:2021/10/28. 20.Recognition date by supervisors or approval date by audit committee: 2021/10/28. 21.Whether the CPA issued an opinion on the unreasonableness of the current transaction:N/A. 22.Name of the CPA firm:N/A. 23.Name of the CPA:N/A. 24.License no.of the CPA:N/A. 25.Any other matters that need to be specified:None.