TPK : Announce the acquisition of private placement warrants for subsidiary TPK Touch Solutions Inc.

Announce the acquisition of private placement warrants for subsidiary TPK Touch Solutions Inc.

2021-01-12

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 warrants issued by

Hennessy Capital Investment Corp. V ('HCIC V') upon IPO

2.Date of occurrence of the event: 2021/01/11

3.No., unit price, and monetary amount of the transaction:

up to 109,805 private placement warrants;

USD1.5 per warrant;

up to USD164,708

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):

OCEAN CAPITAL ENTERPRISES CO., LTD ('OCEAN'). Substantive related party

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:

To access the source of the underlying security

the identity of the previous owner: NA

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: NA

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):NA

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):NA

9.Terms of delivery or payment (including payment period and monetary

amount), restrictive covenants in the contract, and other important

stipulations:

Payment in accordance with the Agreement.

10.The manner in which the current transaction was decided, the reference

basis for the decision on price, and the decision-making unit:

The current transaction was decided by resolution of board of directors

The reference basis for the decision on price:fairness opinion

The decision-making department: Board of directors

11.Net worth per share of company of the underlying securities acquired or

disposed of:NA

12.The discrepancy between the reference price of private placement company

and the transaction amount per share is 20 percent or more:NA

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):

No.:up to 109,805 private placement warrants;

Amount: USD 164,708

Share holding ratio: NA

Restriction of rights:The warrants may not be sold or transferred

30 days after business combination.

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:

a percentage of total assets of the company：0.01%

shareholder's equity of the parent company：0.01%

the operating capital：NT$20,747,970 thousand

15.Broker and broker's fee:NA

16.Concrete purpose or use of the acquisition or disposition:

Financial Investment

17.Whether the directors expressed any objection to the present transaction:

None

18.Whether the trading counterparty is a related party:Yes

19.Date of approval by board of directors: 2021/01/11

20.Recognition date by supervisors or approval date by audit committee:

NA. Announcement on behalf of subsidiary

21.Whether the CPA issued an opinion on the unreasonableness of the current

transaction:No

22.Name of the CPA firm:Crowe(TW) CPAs

23.Name of the CPA:CHIU, CHI-SHENG

24.License no.of the CPA:10200032833

25.Any other matters that need to be specified:

Exchange rate for USD to NTD is 28.48.