Brief: Himax To Make Strategic Investment In Foci Private Placement Financing

Himax Technologies

11/06/2024 07:24

June 11 (Reuters) - FOCI Fiber Optic Communications Inc
 3363.TWO :
    * HIMAX TO MAKE STRATEGIC INVESTMENT IN FOCI PRIVATE
PLACEMENT
FINANCING; COMPANIES TO UNITE FOCI’S WORLD LEADING CPO
TECHNOLOGY WITH HIMAX STATE-OF-THE-ART NANO-SCALE WLO AT THE
INNOVATIVE FOREFRONT OF MCM INTEGRATION
    * FOCI FIBER OPTIC COMMUNICATIONS- BOARD HAS APPROVED
ISSUANCE OF
5 MILLION SHARES OF COMMON STOCK IN A PRIVATE PLACEMENT
FINANCING WITH HIMAX TECHNOLOGIES
    * FOCI - SUBSCRIPTION PRICE AT NT$104.4 PER SHARE APPROX
US$3.2,
RESULTING IN GROSS PROCEEDS OF NT$522 MILLION APPROX US$16
MILLION FULLY SUBSCRIBED BY HIMAX

Source text for Eikon:  ID:nGNX3N41g2 
Further company coverage:  3363.TWO 

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