Unigroup Guoxin Microelectronics has announced its ambitious plan to acquire a complete 100% stake in ReaSemi, valued at RMB 1.9 billion. This acquisition will be executed through a combination of share issuance and cash payment, with RMB 380 million being paid upfront in cash and the remaining RMB 1.52 billion being settled through the issuance of shares. Furthermore, Unigroup Guoxin Microelectronics has outlined its intention to secure up to RMB 396 million in matching funds. These funds will be sourced from a select group of no more than 35 specific investors and will be earmarked to cover not only the cash portion of the transaction but also intermediary fees, transaction taxes, and various other expenses associated with the merger and acquisition integration process.
