VIA has successfully priced its US$210m GDR offering

Taipei, Taiwan – September 24, 2024 (Taiwan time) — VIA Technologies, Inc (TWSE: 2388) (“VIA”) is pleased to announce that it has priced its US$210 million of global depository receipt (“GDR”) offering on 24 September, 2024. The GDR was priced at US$19.08 per GDR (equivalent to NT$122.23 per common share), representing a 4.88% discount to the closing price of NT$128.50. The GDR will be listed on Luxembourg Stock Exchange. The use of proceeds of GDR is for the procurement of raw materials in foreign currencies.

Despite the market volatility driven by challenging global macro environment, upcoming US presidential election, and geopolitical headwinds, VIA was able to capture the first launch window and lock-in terms upon local regulatory approval. Supported by structural megatrends from the AI evolution and VIA’s industry leading strategy and robust business outlook, the GDR offering were well received by global investors. The book was well-covered by international investors.

UBS AG Hong Kong Branch acted as the Sole Global Coordinator and Sole Bookrunner for the offering.

About VIA

VIA Technologies is a global leader in providing intelligent solutions through advanced AI, IoT, and computer vision technology to transform operational safety and efficiency. VIA Technologies operates with a diversified mix of revenue from VIA CPU and intelligent solutions, VIA Labs and VIA Next. VIA focused on design, development, manufacturing, and sales of x86 processor platforms for mainstream computing applications. VIA Labs is a leading global supplier of USB4 and SuperSpeed USB Controllers that have been adopted by world’s leading PC and consumer electronics OEM. VIA Next offers a full range of chip back-end design, production, software and hardware integration and development services. VIA Technologies possesses solid R&D capability and is actively achieving technology breakthroughs such as innovative Edge AI systems and USB4 certification.

Disclaimer

This press release may contain forward-looking statements. These forward-looking statements are subject to risks and uncertainties. Consequently, actual results and experience may materially differ from those contained in any forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and VIA makes no commitment to revise or update any forward-looking statements in order to reflect events or circumstances occurring or existing after the date any forward-looking statement is made.