2025/03/31 | 16:23:32 | Medeon, on behalf of its subsidiary PMC, announces the resolution of BOD on the issuance of Series E Preferred Stocks | |
SEQ_NO |
1 |
Date of announcement |
2025/03/31 |
Time of announcement |
16:23:32 |
Subject |
Medeon, on behalf of its subsidiary PMC, announces the resolution of BOD on the issuance of Series E Preferred Stocks |
Date of events |
2025/03/31
|
To which item it meets |
paragraph 11 |
Statement |
1.Date of the board of directors resolution:2025/03/31 2.Source of capital increase funds: Issuance of New Shares of Series E Preferred Stock for Cash Capital Increase 3.Whether to adopt shelf registration (Yes, please state issuance period/No):No 4.Total monetary value of the issuance and number of shares issued (shares issued not including those distributed to employees if consisting in capital increase from earnings or capital surplus): Total monetary value of the issuance?GNT$330,000,000 Number of shares issued?GSeries E Preferred Stock 4,125,000 shares 5.If adopting shelf registration, monetary value and number of shares to be issued this time:NA 6.The remaining monetary value and shares after this issuance when adopting shelf registration:NA 7.Par value per share:NT$10 8.Issue price:NT$80 9.Number of shares subscribed for by or allocated to employees: 10% of the total issued shares, amounting to 412,500 shares, are reserved for subscription by the PMC’s employees. 10.Number of shares publicly sold:NA 11.Ratio of shares subscribed by or allotted as stock dividends to existing shareholders: The remaining number of shares to be issued will be subscribed in proportion to the shareholders and their shareholdings as recorded in the shareholders’ register on the basis of the subscription date. 12.Handling method for fractional shares and shares unsubscripted for by the deadline: Shares renounced by original shareholders and employees, or fractional shares that are less than one share, are authorized to be subscribed by the Chairman of the Board of Directors through a specific person at the issue price. 13.Rights and obligations of these newly issued shares: 1. Issuance of Series E Preferred Stock The Series E Preferred Stock will be issued at NTD 80 per share with an estimated number of 4,125,000 shares to be issued in one or several times. 2. Dividends of the Preferred Stock The annual dividend rate of Series E Preferred Stock is 8% per annum, and based on the issue price per share and actual number of issue days. After the annual general meeting of shareholders has recognized the financial statements of the previous year and resolved to distribute the earnings, the dividends of preferred stocks shall be distributed lump sum in cash at one time in advance, and the ex-dividend date of the dividend of preferred stock shall be determined by the resolution of the authorized Board of Directors. If there is no surplus or insufficient surplus to pay the dividend of preferred stock or if the Company resolves not to distribute the surplus, the undistributed or under-distributed dividend shall not be cumulative. Preferred stock is not eligible to participate in the distribution of common stock in respect of earnings and capital surplus, except for the receipt of the dividends mentioned above. 3. Right of voting and candidate eligibility The stockholders of preferred stocks shall have the right to vote and to be a candidate of director at the common stockholders’ meeting, the number of voting rights of a shareholder are based on the number of shares of common stock available at that time based on the conversion price. A resolution of the shareholders’ meeting according to Articles 185, 277 and 316 of the Company Act shall be approved by a majority of the voting rights of the preferred shareholders at a meeting where shareholders of preferred stocks representing more than two-thirds of the total number of outstanding preferred shares are present. 4. Pre-emptive right When the Company issues new shares by cash capital increase, the shareholders of preferred stocks have the same pre-emptive right to subscribe for the new shares as the shareholders of common stocks. 5. Liquidation Preference In the event that the Company resolves to dissolve, cease operations or liquidate in accordance with Article 316 of the Company Act, the liquidation preference of this paragraph shall apply. In the event of the Company’s outstanding shares possessed by existing shareholders less than 50% of entire Company’s outstanding shares, the Company shall be deemed to be in liquidation and the liquidation preference in this paragraph shall apply. When the previous two conditions for liquidation preference are me, the Company shall distribute the remaining assets of the Company in the following manner: (1) The distribution of the remaining property of the Company by the preferred stock shall take precedence over the common stock, with the Series E Preferred Stock calculated at an issue price of $80 NT per share (hereinafter referred to as the ‘Series E Preferred Stock Liquidation Preference Amount’); if the remaining property of the Company is insufficient to satisfy the aggregate amount of the Series E preferred stock Liquidation Preference Amount and the Liquidation Preference Amounts of the other series of preferred stock (hereinafter referred to as the ‘Liquidation Preference Amounts’), then the preferred stockholders shall distribute the remaining property of the Company in proportion to the ratio of the number of shares of preferred stock held by them to the number of shares of all outstanding preferred stock. (2) If there is any balance remaining after the distribution, it shall be distributed in accordance with the ratio among the number of common shares held by shareholders of preferred stocks converted from their preferred stocks at the conversion price and the number of shares held by the shareholders of common stocks. 6. Conversion of Preferred Stock The preferred stockholders may convert the preferred stock into common stock at the issue price (i.e., at a ratio of one common stock for every one preferred stock) starting from the next day after the issue date. The rights and obligations of the common shares converted from preferred shares are the same as those of the Company’s other outstanding common shares. Upon conversion of convertible preferred stock into common stock, the rights and obligations are the same as those for common stock. If the preferred stock has been converted to common stock before the ex-dividend record date of the year of conversion, and the converted preferred stock participates in the distribution of earnings and capital surplus in the current year, which will not be eligible to participate preferred stock dividend distribution in the same year. In the event that the price of the subsequent shares issued by the Company is lower than the issue price of this preferred stock in the future, the new conversion price shall be calculated according to the following equation: CP2=CP1*(A+B)/(A+C)?C CP2 is the conversion price after adjustment; CP1 is the conversion price before adjustment; A is the number of shares of common stock issued at a price below the issue price of the preferred stock before other securities were issued; B is the cumulative consideration received for this new issue divided by CP1 (i.e., the number of shares that would have been purchased by the new issue had it been at the pre-adjustment price); C is the number of shares newly issued. The conversion price may not be adjusted in accordance with the previous paragraph for shares or warrants issued with the approval of a majority of the voting rights of the preferred stock or as a result of the distribution of stock dividends, the conversion of preferred stock, or the issuance of employee stock warrants approved by the Board of Directors. 7. Redemption of Preferred Stocks If the Company fails to resolve the dissolution in accordance with Article 316 of the Company Act within 90 days after the occurrence of the event and with the consent of a majority of the voting rights of the preferred shareholders present at a preferred shareholders’ meeting representing two-thirds or more of the total number of outstanding shares of preferred stocks, the Company shall redeem all of the outstanding preferred shares to the preferred shareholders at a ‘Liquidation Preference Amount’. If the redemption is to be made by the Company with property other than cash, the value of the redemption shall be calculated by the Board of Directors of the Company based on the fair market value. 8. Other rights and obligations of the Preferred Stocks are the same as those of the Common Stocks. 14.Utilization of the funds from the capital increase: Future R&D Requirements 15.Any other matters that need to be specified:None |
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2025/03/16 | 20:29:18 | Medeon is invited to attend the investor conference held by MasterLink Securities | |
SEQ_NO |
1 |
Date of announcement |
2025/03/16 |
Time of announcement |
20:29:18 |
Subject |
Medeon is invited to attend the investor conference held by MasterLink Securities |
Date of events |
2025/03/17
|
To which item it meets |
paragraph 12 |
Statement |
1.Date of institutional investor conference:2025/03/17 2.Time of institutional investor conference:16:30 3.Location of institutional investor conference: 11F., No. 97, Sec. 2, Dunhua S. Rd., Taipei City (Tunnan Tower, 11F., Education and Training Room in MasterLink Securities) 4.Outline of institutional investor conference: The Company is invited to attend the investor conference held by MasterLink Securities to outline an overview of the Company’s current operational status and future development plans. 5.Any other matters that need to be specified:None |
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2025/02/27 | 18:15:30 | BOD of Medeon’s major subsidiary PMC resolved to convene the 2025 Annual Shareholders’ meeting | |
SEQ_NO |
8 |
Date of announcement |
2025/02/27 |
Time of announcement |
18:15:30 |
Subject |
BOD of Medeon’s major subsidiary PMC resolved to convene the 2025 Annual Shareholders’ meeting |
Date of events |
2025/02/27
|
To which item it meets |
paragraph 17 |
Statement |
1.Date of the board of directors resolution:2025/02/27 2.General shareholders’ meeting date:2025/05/23 3.General shareholders’ meeting location: No. 116, Hougang St., Shilin Dist., Taipei City, Taiwan (R.O.C.) 4.Cause for convening the meeting I.Reported matters: (1) 2024 Business Report (2) 2024 Supervisor’s Review Report 5.Cause for convening the meeting II.Acknowledged matters: (1) 2024 Business Report and Financial Statements (2) 2024 deficit offset proposal 6.Cause for convening the meeting III, Matters for Discussion:NA 7.Cause for convening the meeting IV.Election matters: (1) To elect the 4th session of Directors and Supervisor. 8.Cause for convening the meeting V.Other Proposals: (1) To release newly elected directors or its representatives from Non-Competition Restrictions. 9.Cause for convening the meeting VI.Extemporary Motions:NA 10.Book closure starting date:2025/04/24 11.Book closure ending date:2025/05/23 12.Any other matters that need to be specified:NA |
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2025/02/27 | 18:10:10 | BOD of Medeon’s major subsidiary PMC resolved not to distribute dividends | |
SEQ_NO |
7 |
Date of announcement |
2025/02/27 |
Time of announcement |
18:10:10 |
Subject |
BOD of Medeon’s major subsidiary PMC resolved not to distribute dividends |
Date of events |
2025/02/27
|
To which item it meets |
paragraph 14 |
Statement |
1.Date of the board of directors resolution:2025/02/27 2.Type and monetary amount of dividend distribution:not to distribute. 3.Any other matters that need to be specified:None. |
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2025/02/27 | 18:05:16 | BOD of Medeon’s major subsidiary Medeologix Corporation resolved to convene the 2025 Annual Shareholders’ meeting | |
SEQ_NO |
6 |
Date of announcement |
2025/02/27 |
Time of announcement |
18:05:16 |
Subject |
BOD of Medeon’s major subsidiary Medeologix Corporation resolved to convene the 2025 Annual Shareholders’ meeting |
Date of events |
2025/02/27
|
To which item it meets |
paragraph 17 |
Statement |
1.Date of the board of directors resolution:2025/02/27 2.General shareholders’ meeting date:2025/05/23 3.General shareholders’ meeting location:Online Teams Meeting. 4.Cause for convening the meeting I.Reported matters: (1) 2024 Business Report (2) 2024 Supervisor’s Review Report 5.Cause for convening the meeting II.Acknowledged matters: (1) 2024 Business Report and Financial Statements (2) 2024 deficit offset proposal 6.Cause for convening the meeting III, Matters for Discussion:NA 7.Cause for convening the meeting IV.Election matters:NA 8.Cause for convening the meeting V.Other Proposals:NA 9.Cause for convening the meeting VI.Extemporary Motions:NA 10.Book closure starting date:2025/04/24 11.Book closure ending date:2025/05/23 12.Any other matters that need to be specified:NA |
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2025/02/27 | 18:00:13 | BOD of Medeon’s major subsidiary Medeologix Corporation resolved not to distribute dividends | |
SEQ_NO |
5 |
Date of announcement |
2025/02/27 |
Time of announcement |
18:00:13 |
Subject |
BOD of Medeon’s major subsidiary Medeologix Corporation resolved not to distribute dividends |
Date of events |
2025/02/27
|
To which item it meets |
paragraph 14 |
Statement |
1.Date of the board of directors resolution:2025/02/27 2.Type and monetary amount of dividend distribution:not to distribute. 3.Any other matters that need to be specified:None. |
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2025/02/27 | 17:51:53 | Medeon Board of Directors resolved the convening of the 2025 Annual Shareholders’ Meeting | |
SEQ_NO |
4 |
Date of announcement |
2025/02/27 |
Time of announcement |
17:51:53 |
Subject |
Medeon Board of Directors resolved the convening of the 2025 Annual Shareholders' Meeting |
Date of events |
2025/02/27
|
To which item it meets |
paragraph 17 |
Statement |
1.Date of the board of directors resolution:2025/02/27 2.General shareholders’ meeting date:2025/06/20 3.General shareholders’ meeting location: 11F., No. 97, Sec. 2, Dunhua S. Rd., Taipei City, Taiwan (R.O.C.) (MasterLink Securities Conference Room) 4.Shareholders meeting will be held by means of (physical shareholders meeting/ visual communication assisted shareholders meeting / visual communication shareholders meeting): Physical shareholders meeting 5.Cause for convening the meeting I.Reported matters: (1) To Report the Company’s 2024 Business Report (2) To Report Audit Committee’s Review Report on the 2024 Financial Statements (3) To Report the Implementation Status of the Private Placement (4) To Report the Directors’ Remuneration for the year 2024 6.Cause for convening the meeting II.Acknowledged matters: (1) To ratify the Company’s 2024 Business Report and Financial Statements (2) To Ratify the Company’s 2024 deficit offset proposal 7.Cause for convening the meeting III.Matters for Discussion: (1) Proposal of the private placement by issuing common shares. (2) To approve the amendment to the Articles of Incorporation. (3) To release directors or its representatives from Non-Competition Restrictions 8.Cause for convening the meeting IV.Election matters:None. 9.Cause for convening the meeting V.Other Proposals:None. 10.Cause for convening the meeting VI.Extemporary Motions:None. 11.Book closure starting date:2025/04/22 12.Book closure ending date:2025/06/20 13.Any other matters that need to be specified:None. |
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2025/02/27 | 17:35:40 | Medeon Board of Directors resolved the plan for dividend distribution | |
SEQ_NO |
3 |
Date of announcement |
2025/02/27 |
Time of announcement |
17:35:40 |
Subject |
Medeon Board of Directors resolved the plan for dividend distribution |
Date of events |
2025/02/27
|
To which item it meets |
paragraph 14 |
Statement |
1.Date of the board of directors resolution:2025/02/27 2.Year or quarter which dividends belong to :2024 3.Period which dividends belong to:2024/01/01~2024/12/31 4.Appropriations of earnings in cash dividends to shareholders (NT$ per share):0 5.Cash dividends distributed from legal reserve and capital reserve to shareholders (NT$ per share):0 6.Total amount of cash dividends to shareholders (NT$):0 7.Appropriations of earnings in stock dividends to shareholders (NT$ per share):0 8.Stock dividends distributed from legal reserve and capital reserve to shareholders (NT$ per share):0 9.Total amount of stock dividends to shareholders (shares):0 10.Any other matters that need to be specified:None 11.Per value of common stock:NT$10 |
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2025/02/27 | 17:15:47 | Medeon Board of Directors resolved the proposal of private placement to issue additional common shares | |
SEQ_NO |
2 |
Date of announcement |
2025/02/27 |
Time of announcement |
17:15:47 |
Subject |
Medeon Board of Directors resolved the proposal of private placement to issue additional common shares |
Date of events |
2025/02/27
|
To which item it meets |
paragraph 11 |
Statement |
1.Date of the board of directors resolution:2025/02/27 2.Types of securities privately placed:The Company’s common shares 3.Counterparties for private placement and their relationship with the Company: According to Article 43-6 of the Securities and Exchange Act, the Financial Supervisory Commission’s Order No. SFB 11220383220 issued on September 12, 2023, and the Directions for Public Companies Conducting Private Placement of Securities, only the following parties are qualified as specific investors of the private placement: A.Insiders of the Company The reason is that insiders know the operation of the Company very well and can directly or indirectly contribute to the operation of the Company. Therefore, placees in this instance of private placement include the insiders. The list of these insiders is shown below: a. The list of these insiders and the relation with the Company: (1) Medeon, Inc. (USA)/ Institutional Director of the Company (2) Center Laboratories, Inc./ Institutional Director of the Company (3) Yue Teh Jang/ Representative of Medeon, Inc. of the USA, an Institutional Director of the Company. Chairman and President of the Company (4) Jung-Chin Lin/ Representative of Center Laboratories, Inc., an Institutional Director of the Company (5) Chih-Hsiung Wu/ Representative of Center Laboratories, Inc., an Institutional Director of the Company (6) Chi-Hang Yang/ Independent Director of the Company (7) Chia-Ying Ma/ Independent Director of the Company (8) Jien-Wei Yeh/ Independent Director of the Company (9) Feng Shyang Yang/ Independent Director of the Company (10) Albert Weng/ Manager of the Company (11) Greta Chang/ Manager of the Company (12) Jenny Chen/ Manager of the Company (13) Pei Chen/ Manager of the Company (14) Tori Lin/ Accounting Officer of the Company b. Institutional investors’ Names of the top 10 shareholders and proportion of shareholding and the relation with the Company: (1) Medeon, Inc. (USA) Yue Teh Jang (100%)/ The Chairman of this company is the Chairman and President of the Company. (2) Center Laboratories, Inc. Li Rong Technology Co., Ltd. (9.13%)/ The Chairman of this company is the spouse of the representative of an Institutional Director of the Company. Royal Food Co., Ltd. (5.72%)/ The Chairman of this company is a representative of an Institutional Director of the Company. Jason Technology Co., Ltd. (3.51%)/ The Chairman of this company is the spouse of the representative of an Institutional Director of the Company. Yuanta Securities Co., Ltd. in Custody for Mining Investment Fund of GL Capital Group (2.71%)/ None Farglory Life Insurance Inc. (1.48%)/ None You De Investment Consulting Co., Ltd. (1.14%)/ The Chairman of this company is also the Chairperson of an Institutional Director of the Company. JPMorgan Chase Bank N.A. Taipei Branch in Custody for Vanguard Total International Stock Index Fund, a series of Vanguard Star Funds (1.00%)/ None Mumozi Inc. (0.94%)/ None Yong Lian Co., Ltd. (0.91%)/ None Vanguard Emerging Markets Stock Index Fund, a Series of Vanguard International Equity Index Funds (0.91%)/ None B.Placees should be strategic investors: It is necessary to bring in strategic investors that could contribute to the development of the Company in the future, improvement of financial structure, and upgrade the profitability of the Company. It is expected that with the assistance of their capital, technology and knowledge, the Company will be able to grow steadily in the future. The Company has not yet pinpointed specific investors for investment. The Company request the Shareholders’ Meeting to authorize the Board with full power of attorney to search for the placees. 4.Number of shares or bonds privately placed: Within the limit of 35,000,000 shares 5.Amount limit of the private placement: Within the limit of 35,000,000 shares of common stock, the private placement will be conducted in installments within one year from the date of the shareholders’ meeting, with the maximum number of installments not exceeding three. 6.Pricing basis of private placement and its reasonableness: The reference price for the private placement is set at the higher of the following two benchmark prices: A.The average of the closing prices of common shares for one or three or five (alternative) business days prior to the pricing date, excluding the ex-rights and dividends of the nil-paid allotment of shares and after adding back the capital reduction and ex-rights. B.The average of the closing prices of the common shares for the 30 business days preceding the pricing date, excluding the ex-rights and dividends of the nil-paid allotment, and after adding back the capital reduction and ex-rights. The price of common shares issued in the private placement shall be set at a level not less than 80% of the reference price. The actual issuance price of the private placement is proposed to the shareholders’ meeting to authorize the board of directors to determine the price within a range not lower than the percentage resolved at the shareholders’ meeting, taking into account the prevailing market conditions on the pricing date. 7.Use of the funds raised in the private placement: The purpose of each tranche is to increase working capital, accelerate product development, invest in subsidiaries and the medical industry, and develop the Group’s strategic objectives. 8.Reasons for conducting non-public offering: Considering the timing, convenience and cost of issuance, private placement of securities can be accomplished quickly and easily. In addition, securities invested through private placement cannot be transferred in a period of 3 years after issuing. This helps to assure the long-term stable relation between the investors and the Company. As such, offering securities through private placement is adopted. 9.Objections or qualified opinions from independent Board of Directors:None. 10.Actual price determination date:NA 11.Reference price:NA 12.Actual private placement price, and conversion or subscription price:NA 13.Rights and obligations of these new shares privately placed: In principle, the rights and obligations of the common shares in the private placement are the same as those of the Company’s existing common shares; however, in accordance with the Securities and Exchange Act, the common shares in the private placement may not be sold within three years from the date of delivery, except to the parties to whom they are transferred in accordance with Article 43-8 of the Securities and Exchange Act. After three years from the date of delivery, the Company intends to request the shareholders’ meeting to authorize the Board of Directors to apply to the relevant authorities for a public offering and listing of the Company’s common shares in accordance with the relevant regulations. 14.Reference date for any additional share exchange, stock swap, or subscription:NA 15.Possible dilution of equity in case of any additional share exchange, stock swap, or subscription:NA 16.For additional share exchange or subscription, possible influence of change in shareholding ratio of TPEx -listed common shares if all privately placed corporate bonds are converted and shares subscribed for (no.of TPEx -listed common shares (a), (a) / outstanding common shares):NA 17.Please explain any countermeasures for lower circulation in shareholding if the aforesaid estimated no.of TPEx -listed common shares does not reach 5 million and the ratio does not reach 25%:NA 18.Any other matters that need to be specified: (1)The main contents of the private placement plan, including the actual issue price, the number of shares to be issued, the terms of the issue, the pricing date, the base date of the capital increase, the planned projects, the amount to be raised, the estimated progress, the estimated benefits to be generated, and all other matters related to the issue plan, in addition to the pricing percentage of the private placement. The above and in the future, in the event of changes in laws and regulations, amendments as directed by the competent authorities, or amendments based on operational evaluations or in response to objective market conditions, the shareholders’ meeting will also be requested to authorize the Board of Directors to handle such matters at its sole discretion. (2)In connection with the private placement of securities, it is proposed that the shareholders’ meeting authorize the chairman of the board of directors or his or her designee to sign and negotiate on behalf of the Company all contracts and documents relating to the private placement and to conduct all matters necessary for the Company in connection with the private placement. |
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2025/02/27 | 16:43:27 | Medeon Board of Directors approved the 2024Q3 consolidated financial reports | |
SEQ_NO |
1 |
Date of announcement |
2025/02/27 |
Time of announcement |
16:43:27 |
Subject |
Medeon Board of Directors approved the 2024Q3 consolidated financial reports |
Date of events |
2025/02/27
|
To which item it meets |
paragraph 31 |
Statement |
1.Date of the board of directors submitted or approved:2025/02/27 2.Date of the audit committee approved:2025/02/27 3.Start and end dates of financial reports or unaudited financial information of the reporting period(XXXX/XX/XX~XXXX/XX/XX): 2024/01/01~2024/12/31 4.Operating revenue accumulated from 1/1 to end of the period (thousand NTD): 292,808 5.Gross profit (loss) from operations accumulated from 1/1 to end of the period (thousand NTD): 83,414 6.Net operating income (loss) accumulated from 1/1 to end of the period (thousand NTD): (885,613) 7.Profit (loss) before tax accumulated from 1/1 to end of the period (thousand NTD):(858,643) 8.Profit (loss) accumulated from 1/1 to end of the period (thousand NTD):(870,523) 9.Profit (loss) during the period attributable to owners of parent accumulated from 1/1 to end of the period (thousand NTD): (805,512) 10.Basic earnings (loss) per share accumulated from 1/1 to end of the period (NTD): (8.74) 11.Total assets end of the period (thousand NTD): 1,877,743 12.Total liabilities end of the period (thousand NTD): 341,840 13.Equity attributable to owners of parent end of the period (thousand NTD): 1,520,192 14.Any other matters that need to be specified:None |
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