SiS to acquire HYCON Technology via share exchange

Silicon Integrated Systems Corp. (SiS) resolved to issue new shares to acquire 100% of HYCON Technology Corporation. The share conversion rate is 1 HYCON share for 0.8713 SiS share, with a record date of January 1, 2025.

“SiS resolved to issue new shares in exchange for HYCON shares; HYCON will be a 100% owned SiS subsidiary”sis.com

• 2 sources
• sis.comNews & Events | SiS 矽統科技SiS,矽统科技Aug 6, 2024
• digitimes.comSiS and Hycon merge to drive major product transformationJanet Kang, TaipeiAug 9, 2024

Summarized from public sources; check the original articles before acting on it.