On December 17th, Snow Wright (002076) announced on Wednesday that the company's application for issuing shares and paying for cash to purchase assets was approved by the China Securities Regulatory Commission's M&A Committee. The company's shares will resume trading on December 18th.
Snow Wright plans to issue 4,432,250 shares to 20 trading partners, including Chen Jianshun, at a price of 9.73 yuan per share, and pay a cash consideration of 74.25 million yuan for the purchase of 100% of the total shares of Fushun Optoelectronics held by it. In addition, the total number of shares issued to seven specific investors at the same issue price does not exceed 13 million shares, and the total amount of matching funds raised does not exceed 126 million.
Snow Wright plans to issue 4,432,250 shares to 20 trading partners, including Chen Jianshun, at a price of 9.73 yuan per share, and pay a cash consideration of 74.25 million yuan for the purchase of 100% of the total shares of Fushun Optoelectronics held by it. In addition, the total number of shares issued to seven specific investors at the same issue price does not exceed 13 million shares, and the total amount of matching funds raised does not exceed 126 million.
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