AEM Holdings to Issue 3.35 Million New Shares and 28.11 Million Warrants to Deepen Strategic Cooperation with ASE

NewTimeSpace News: On March 21, 2026, the board of directors of AEM Holdings announced that the company signed a subscription agreement with an indirect wholly-owned subsidiary of ASE on the same day, planning to carry out matters related to share subscription and warrant issuance.

Pursuant to the agreement, the subscriber will subscribe for a total of 3.35 million new shares in AEM Holdings at an issue price of S$3.591 per share, with a corresponding total consideration of approximately S$12.02985 million. Meanwhile, AEM will concurrently issue 28,111,856 free detachable warrants to the subscriber, which will be issued in two equal tranches. Each warrant entitles the holder to subscribe for one new share, and the warrants will not be listed for trading and involve no additional consideration.

AEM Holdings stated that the proposed subscription is intended to strengthen its strategic cooperation with ASE and facilitate the integration of the company's proprietary test technologies into ASE's manufacturing and testing environments, so as to meet the demand for semiconductor testing solutions in the fields of artificial intelligence and high-performance computing. All the funds raised will be used to support the company's business expansion in Taiwan, product development and joint go-to-market activities with ASE.

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