Chipmos Technologies, Bermuda, Ltd. (IMOS) announced that in a private placement it has entered into Convertible Bond Purchase Agreements with seven investors for the purchase of 8% Convertible Senior Bonds to be issued by the company. The company expects to raise US$9.62 million in aggregate. Chipmos expects to use the net proceeds for general corporate purposes.
The Bonds are convertible into common shares, par value US$0.01, of the company at a conversion price of US$1.25 per share.
The company noted that the purchasers include the Chairman and Chief Executive Officer, Shih-Jye Cheng, who will purchase Bonds in the aggregate principal amount of $US1 million on the same terms and conditions as the other purchasers.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.