Himax To Make Strategic Investment In Foci Private Placement Financing
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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