Today's Information

Provided by: PharmaEssentia Corp.
SEQ_NO 3 Date of announcement 2022/08/16 Time of announcement 00:47:22
Subject
 The Company Amended Information on the Private
Placement of Common Shares under the Private Placement
Section
Date of events 2022/08/15 To which item it meets paragraph 53
Statement
1.Date of occurrence of the event:2022/08/15
2.Company name:PharmaEssentia Corp.
3.Relationship to the Company (please enter "head
  office" or  "subsidiaries"):head office
4.Reciprocal shareholding ratios:NA
5.Cause of occurrence:
The Company amended following information on the Private Placement of Common
Shares under the Private Placement Section:
(1)For the Company's first private placement of common shares in 2019:
   The quarterly statement of the utilization status of the funds raised
   in the private placement
(2)For the Company's third private placement of common shares in 2021:
   The quarterly statement of the utilization status of the funds raised
   in the private placement
6.Information items/ statements to be corrected:
The Private Placement of Common Shares under the Private Placement Section:
(1)For the Company's first private placement of common shares in 2019:
   The quarterly statement of the utilization status of the funds raised
   in the private placement (purpose of the funds:reinvestment; filing
   year/quarter:from 2019Q4 to 2022Q2)
(2)For the Company's third private placement of common shares in 2021:
   The quarterly statement of the utilization status of the funds raised
   in the private placement (filing year/quarter:2022Q2)
7.Amounts/ contents/ number of page to be corrected:
(1)For the Company's first private placement of common shares in 2019:
   The quarterly statement of the utilization status of the funds raised
   in the private placement (purpose of the funds:reinvestment)
 Year/   Scheduled     Cumulative    Cumulative    The Amount   The Reason
Quarter  Disbursement  Scheduled     Actual        and Purpose  that
                       Disbursement  Disbursement  of Unused    Disbursement
                       and the       and the       Capital      is Behind
                       Percentage    Percentage                 or Ahead of
                                                                Schedule
                                                                and the
                                                                Improvement
                                                                Plan
____________________________________________________________________________
 201904       -             -            -         The unused         -
                                                   capital NTD
                                                   487,465
                                                   thousand was
                                                   deposited
                                                   in banks
 202001  45,000,000    $45000000     $30157000     The scheduled      -
                        /9.23%        /6.19%       disbursement
                                                   that was not
                                                   used,
                                                   NTD14,843,000,
                                                   was deposited
                                                   in banks and
                                                   was reserved
                                                   for future
                                                   reinvestment
                                                   in
                                                   subsidiaries.
                                                   The unused
                                                   capital NTD
                                                   457,308,028
                                                   was deposited
                                                   in banks
 202002       -         $45000000     $30157000    Not            Not
                         /9.23%        /6.19%      applicable     applicable
 202003  45,000,000     $90000000     $59392000    The unused         -
                         /18.46%       /12.18%     capital NTD
                                                   428,073,028
                                                   was deposited
                                                   in banks and
                                                   reserved for
                                                   future
                                                   reinvestment
                                                   in
                                                   subsidiaries
 202004  21,000,000     $111000000    $87902978    The unused         -
                         /22.77%       /18.03%     capital NTD
                                                   399,562,050
                                                   was deposited
                                                   in banks and
                                                   reserved for
                                                   future
                                                   reinvestment
                                                   in
                                                   subsidiaries
 202101  60,000,000     $171000000    $173462978   The unused         -
                         /35.08%       /35.58%     capital NTD
                                                   314,002,050
                                                   was deposited
                                                   in banks and
                                                   reserved for
                                                   future
                                                   reinvestment
                                                   in
                                                   subsidiaries
 202102  90,000,000     $261000000    $270555478   The unused         -
                         /53.54%       /55.50%     capital NTD
                                                   216,909,550
                                                   was deposited
                                                   in banks and
                                                   reserved for
                                                   future
                                                   reinvestment
                                                   in
                                                   subsidiaries
 202103  90,000,000     $351000000    $270555478   The unused         -
                         /72.01%       /55.50%     capital NTD
                                                   216,909,550
                                                   was deposited
                                                   in banks and
                                                   reserved for
                                                   future
                                                   reinvestment
                                                   in
                                                   subsidiaries
 202104  136,465,028    $487465028    $326140478   The unused         -
                         /100.00%      /66.91%     capital NTD
                                                   161,324,550
                                                   was deposited
                                                   in banks and
                                                   reserved for
                                                   future
                                                   reinvestment
                                                   in
                                                   subsidiaries
 202201       -         $487465028    $326140478   The unused         -
                         /100.00%      /66.91%     capital NTD
                                                   161,324,550
                                                   was deposited
                                                   in banks and
                                                   reserved for
                                                   future
                                                   reinvestment
                                                   in
                                                   subsidiaries
 202202       0         $487465028    $355260478   The unused         -
                         /100.00%      /72.88%     capital NTD
                                                   132,205
                                                   thousand
                                                   was deposited
                                                   in banks and
                                                   reserved for
                                                   future
                                                   reinvestment
                                                   in
                                                   subsidiaries
(2)For the Company's third private placement of common shares in 2021:
   The quarterly statement of the utilization status of the funds raised
   in the private placement
Year/
Quarter    The Use of Funds     The Amount and Purpose of Unused Capital
_________________________________________________________________________
202202     Increase working     The unused capital NTD 1,402,580 thousand
           capital              was deposited in banks
202202     Purchase             The unused capital NTD 430,920 thousand
           equipments           was deposited in banks
8.Amounts/ contents/ number of page after correction:
(1)For the Company's first private placement of common shares in 2019:
   The quarterly statement of the utilization status of the funds raised
   in the private placement (purpose of the funds:reinvestment)
 Year/   Scheduled     Cumulative    Cumulative    The Amount   The Reason
Quarter  Disbursement  Scheduled     Actual        and Purpose  that
                       Disbursement  Disbursement  of Unused    Disbursement
                       and the       and the       Capital      is Behind
                       Percentage    Percentage                 or Ahead of
                                                                Schedule
                                                                and the
                                                                Improvement
                                                                Plan
____________________________________________________________________________
 201904       -             -            -         The unused         -
                                                   capital NTD
                                                   501,000
                                                   thousand was
                                                   deposited
                                                   in banks
 202001  30,157,000    $30157000     $30157000     The unused         -
                        /6.02%        /6.02%       capital NTD
                                                   470,843,000
                                                   was deposited
                                                   in banks
 202002       -         $30157000     $30157000    The unused    The
                         /6.02%        /6.02%      capital NTD   subsidiary
                                                   470,843,000   in which
                                                   was deposited the Company
                                                   in banks      planned to
                                                                 invest
                                                                 capital
                                                                 still has
                                                                 working
                                                                 capital.
                                                                 The Company
                                                                 planned to
                                                                 invest in
                                                                 the
                                                                 subsidiary
                                                                 the next
                                                                 quarter.
 202003  29,235,000     $59392000     $59392000    The unused         -
                         /11.85%       /11.85%     capital NTD
                                                   441,608,000
                                                   was deposited
                                                   in banks and
                                                   reserved for
                                                   future
                                                   reinvestment
                                                   in
                                                   subsidiaries
 202004  28,510,978     $87902978     $87902978    The unused         -
                         /17.55%       /17.55%     capital NTD
                                                   413,097,022
                                                   was deposited
                                                   in banks and
                                                   reserved for
                                                   future
                                                   reinvestment
                                                   in
                                                   subsidiaries
 202101  85,560,000     $173462978    $173462978   The unused         -
                         /34.62%       /34.62%     capital NTD
                                                   327,537,022
                                                   was deposited
                                                   in banks and
                                                   reserved for
                                                   future
                                                   reinvestment
                                                   in
                                                   subsidiaries
 202102  97,092,500     $270555478    $270555478   The unused         -
                         /54.00%       /54.00%     capital NTD
                                                   230,444,522
                                                   was deposited
                                                   in banks and
                                                   reserved for
                                                   future
                                                   reinvestment
                                                   in
                                                   subsidiaries
 202103        0        $270555478    $270555478   The unused         -
                         /54.00%       /54.00%     capital NTD
                                                   230,444,522
                                                   was deposited
                                                   in banks and
                                                   reserved for
                                                   future
                                                   reinvestment
                                                   in
                                                   subsidiaries
 202104   55,585,000    $326140478    $326140478   The unused         -
                         /65.10%       /65.10%     capital NTD
                                                   174,859,522
                                                   was deposited
                                                   in banks and
                                                   reserved for
                                                   future
                                                   reinvestment
                                                   in
                                                   subsidiaries
 202201       -         $326140478    $326140478   The unused         -
                         /65.10%       /65.10%     capital NTD
                                                   174,859,522
                                                   was deposited
                                                   in banks and
                                                   reserved for
                                                   future
                                                   reinvestment
                                                   in
                                                   subsidiaries
 202202   29,120,000    $355260478    $355260478   The unused         -
                         /70.91%       /70.91%     capital NTD
                                                   145,739,522
                                                   was deposited
                                                   in banks and
                                                   reserved for
                                                   future
                                                   reinvestment
                                                   in
                                                   subsidiaries
(2)For the Company's third private placement of common shares in 2021:
   The quarterly statement of the utilization status of the funds raised
   in the private placement
Year/
Quarter    The Use of Funds     The Amount and Purpose of Unused Capital
_________________________________________________________________________
202202     Increase working     The unused capital NTD 1,448,979 thousand
           capital              was deposited in banks
202202     Purchase             The unused capital NTD 384,521 thousand
           equipments           was deposited in banks
9.Countermeasures:Amendment to the information on the Private Placement
 of Common Shares under the Private Placement Section
10.Any other matters that need to be specified:None.

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PharmaEssentia Corporation published this content on 16 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 August 2022 16:53:03 UTC.