Acer Completes Second Public Offering of 300 Million Common Shares; Raises NT$5.4 Billion (US$180 Million) in Funds

TAIPEI, TAIWAN - Acer Inc. (TWSE: 2353) announced the completion of its second public offering of 300 million common shares to raise a total of NT$5.4 billion (US$180 million) in funds. The new shares will be distributed to the shareholders on February 11.

This is the first equity raising plan by Acer Inc. since the company spun off its former manufacturing operations. In addition to reserving 30 million common shares each for public offering and for Acer employees, existing shareholders could purchase more for a ratio of 86 for every 1000 common shares owned, for a total issuance of 300 million common shares.

The usage of the fund is to pay down bank loans, to finance the Euro Convertible Bond and to bolster funds for new business investments for the company’s long-term sustainability.

As Acer transitions to become a hardware + software + services company, it will continue to solidify its existing core business while also stepping up the pace to invest and innovate in new businesses in the era of cloud computing and for the start of a new-new Acer.

Note: The exchange rate of US$1: NT$30 was used as reference.

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About Acer

Founded in 1976, Acer is one of the world's top ICT companies with a presence in more than 160 countries. As Acer evolves with the industry and changing lifestyles, it is focused on enabling a world where hardware, software and services will fuse with one another, creating ecosystems and opening up new possibilities for consumers and businesses alike. Acer's 7,700 employees are dedicated to the research, design, marketing, sale, and support of products and solutions that break barriers between people and technology. Please visit for more information.