Silicon Labs: Planning Equity Issuance and Cash Payment for Asset Acquisition
3 week ago / Read about 0 minute
Author:小编   

On August 28, Silicon Labs announced its intention to issue shares and pay cash to acquire equity in Xinlai Zhirong Semiconductor (Shanghai) Co., Ltd., while also seeking to raise corresponding funds. Currently, this transaction remains in the planning phase. The valuation of Xinlai Zhirong has yet to be finalized, and it is still unclear whether this deal will constitute a significant asset restructuring or involve related-party transactions. Trading of the company's shares will be suspended starting from August 29, with an anticipated suspension period not exceeding 10 trading days.