Zilltek Technology Corp. announced that it expects to receive TWD 3.3816 billion in funding from MediaTek Capital Co., Hsu-Ta Investment Corp. and another investor

Zilltek Technology Corp. announced a private placement of 11,272,000 shares for TWD 300 per share for gross proceeds of TWD 3,381,600,000 on February 25, 2022. The transaction will include participation from new investors Hsu-Ta investment Corp.

for 7,000,000 shares, MediaTek Capital Co. for 3,000,000 shares and WK Develop ASSOCIATES LTD. for 1,272,000 shares. The transaction is subject to shareholders approval of the company.