Unimicron Technology Corp. (TWSE:3037) agreed to acquire additional 8.59% stake in Qun Hong Technology Inc. from its shareholders on February 21, 2023. The tentative date to complete the merger is July 1, 2023.

Juan Chiung-Hua of Yuanhe CPA Firm acted as legal advisor to Unimicron Technology Corp. (TWSE:3037). The consideration is NT$16 in cash per share of Qun Hong.

However, if the 2023 annual general meeting of Qun Hong approves the capital reduction to cover its deficit, the consideration shall be NT$23.88 in cash per share of Qun Hong. According to the independent experts' recalculation.