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On September 11, 2026, GRINM Semiconductor unveiled a significant asset restructuring strategy, outlining its intention to acquire a 71.89% controlling interest in Shandong GRINM-AS via a combination of share issuance and cash consideration. Concurrently, it plans to purchase an additional 14.98% stake in Shandong GRINM Semiconductor through the issuance of new shares, along with raising corresponding funds (referred to as matched funds). Following the successful conclusion of these transactions, both entities will transition into fully-owned subsidiaries of GRINM Semiconductor. It is anticipated that this move will amount to a substantial asset restructuring and a transaction involving related parties, yet it will not qualify as a reverse takeover. Trading of the company's shares is set to recommence on September 14, 2026.
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