Nuvoton Technology Corporation (TSEC:4919) announced a private placement of not more than 100,000,000 common shares and or preferred shares or issue common shares to participate in the depository receipts offering on April 14, 2020. The price of the shares will be set in accordance with the regulations governing. The company may close the transaction in one or multiple closings. The price of the shares will be determined in the shareholders meeting to authorize the board for determination .The issue price of the private placement shares shall be no less than 80% of the reference price. The securities issued in the transaction will have a hold period of 3 years post the closing.