Huacan Optoelectronics intends to purchase 100% equity of the standard company Harmony Corelight (Yiwu) Optoelectronics Technology Co., Ltd. by issuing shares to purchase assets. The previous transaction of this transaction was a subsidiary of Harmony Corelight (Yiwu) Optoelectronics Technology Co., Ltd. Cash acquisition of a 100% stake in MEMSIC, Inc.
At present, the previous transaction has not completed the US government CFIUS review and other procedures. As a result, the 100% equity of MEMSIC, Inc. has not been transferred, and the previous transaction has not completed the asset delivery.
The transaction still needs to be completed before the transaction is completed, the US CFIUS review is passed, the company's board of directors re-examines, the company's shareholders meeting is reviewed and approved, the CSRC approves, the Ministry of Commerce agrees, etc. The time for obtaining the above approval and finally obtaining the approval exists. Uncertainty.
Huacan Optoelectronics received a confirmation letter from CFIUS on February 23, 2017 stating that February 23, 2017 will be the first day of the 30-day review of CFIUS, and CFIUS will notify the company results by March 24, 2017. It is approved, or it requires an additional 45-day review period, or it has not passed the review. The company will actively cooperate with the CFIUS review and strive to pass the review as soon as possible.
According to public information, MEMSIC is mainly engaged in the research and development, manufacturing and sales of micro-electro-mechanical systems (MEMS) products. Its main products are accelerometers and magnetic sensors. The products are widely used in many fields such as smart phones.
Listed on NASDAQ in 2007, it is the world's first microelectronics technology (MEMS) listed company. Later, after comprehensive consideration, MEMSIC was reorganized, and the original sensor business segment and system integration business segment were split. The MEMSIC after reorganization completed only the sensor business.
Huacan Optoelectronics said that after the completion of the transaction, the company will be able to enter the field of MEMS sensors. As a sub-sector in the semiconductor industry chain, the field has application prospects in aerospace, aerospace, automotive and other industries. The company will further expand the IC industry-related business by arranging the consumer electronics market and industrial application fields. Achieve diversified and extended development.
Pharmaceuticals,2-Methyl- Propanoic Acid Monohydrate Price,2-Methyl- Propanoic Acid Monohydrate Free Sample,Pure 2-Methyl- Propanoic Acid Monohydrate
Zhejiang Wild Wind Pharmaceutical Co., Ltd. , https://www.wild-windchem.com