Peak Technology: Proposed acquisition of Sciosense, a Dutch semiconductor sensor company, for a total consideration of $118 million

36 Krypton learned that Fengyi Technology announced that the company intends to purchase 100% of its Sciosense shares from Sciosense Holding B.V. in cash through its wholly-owned subsidiary, Fengyi Microelectronics, with a total transaction consideration of US $118 million (about RMB 804 million), of which the share consideration is US $95.783 million (about RMB 652 million), and the debt consideration is US $22.2168 million (about RMB 151 million). The source of funds is its own funds, and Fengyi Technology has increased its capital to Fengyi Microelectronics for implementation. Upon completion of the transaction, Sciosense and its affiliates will become indirect wholly-owned subsidiaries of the Company and will be included in the scope of the Company’s consolidated statements.

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