TCL declared on science and technology, developed by fund-raising does not exceed 12 billion yuan, net of issuance costs will be utilized for “first-generation 8.6-oxide semiconductor new display production line” and add liquidity Funding.
The announcement noticed out that the pricing base date for this issuance is the first day of the issuance period of the non-public offering. The issue value shall not be less than 80% of the average cost of the company’s stock trading on the 20 trading days prior to the pricing base date.
TCL Technology stated that the number of shares to be issued in this non-public issuance is calculated by dividing the total funds raised from the non-public issuance by the final issuance price, and does not exceed 20% of the company’s total share capital of 14,030,788,362 shares before the issuance, or 2,806,157,672 shares This number).
In the issuance, TCL Technology’s largest shareholder Li Dongsheng and his concerted parties held 8.26% of the shares, the second-largest shareholder Huizhou Investment Holdings held 5.30%, and other shareholders held less than 5%.
(Via)
