Announcing termination of private equity offering
which was approved by 2020 First Extraordinary
Shareholders�� Meeting.
Date of events
2021/11/09
To which item it meets
paragraph 16
Statement
1.Date of the board of directors resolution for the change:2021/11/09
2.Effective registration date of the original plan:N/A
3.Reason for the change:
(1)The Company��s 2020 First Extraordinary shareholders meeting has
authorized the Board of Directors, within the limit of 85,000,000 shares,
to issue Private Placement Common Shares.
(2)According to Article 43-6, Securities and Exchange Law, the private
placement may be carried out by installments within one year of the
date of the resolution of the shareholders meeting. In consideration of
the capital market situation, the Company will not continue with the
above private placement.
4.Content of each and every successive previously changed plan for raising
of funds before and after change:N/A
5.Projected timetable for execution:N/A
6.Projected completion date:N/A
7.Projected possible benefits:N/A
8.Difference from original projected benefits:N/A
9.Effect of the current change on shareholder equity:N/A
10.Abstract of the original lead underwriter��s appraisal opinion:N/A
11.Any other matters that need to be specified:None.
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AVerMedia Technologies Inc. published this content on 09 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 November 2021 12:53:09 UTC.
AVerMedia Technologies, Inc. is a China-based company principally engaged in the design, research, development, manufacture and distribution of control system products and digital video products. The Company provides computer digital and analog television (TV) cards, 3D digital and analog TV cards, digital satellite TV cards, game audio/game live capture products, video capture cards and other related computer multimedia video products. The Company mainly distributes its products under the AVerMedia brand. The Company mainly distributes its products in Europe, Middle East, Oceania, Asia, Mainland China and other markets.
AVERMEDIA TECHNOLOGIES, INC. 
