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POTENTIAL DEAL DETAILS
| Stock | O2Micro International Limited | Symbol | OIIM |
| Date Announced | 03/18/2022 | Source | Press Release |
| Type | Unsolicited Bid | Acquiring Company/Person | FNOF Precious Honour Limited and Rim Peak Technology Limited |
| Date of Confirmation: | 09/30/2022 | Price at Confirmation: | $4.15 |
| Potential Profit: | -4.38% | Annualized Profit: | -8.15% |
O2Micro International Limited (OIIM), a global leader in the design, development, and marketing of high-performance integrated circuits and solutions, announced that its board of directors has received a preliminary non-binding proposal letter, dated March 14, 2022, from FNOF Precious Honour Limited, to acquire all of the outstanding shares of the Company for a purchase price of US$5.50 per ADS, or US$0.11 per ordinary share, in cash.
Update(s):
May 20, 2022: O2Micro International Limited (OIIM) announced that its board of directors has received an updated preliminary non-binding proposal letter, dated May 20, 2022, from FNOF Precious Honour Limited, Mr. Sterling Du, the Chief Executive Officer and the Chairman of the Board, and Mr. Perry Kuo, the Chief Financial Officer and a director of the Company, to acquire all of the outstanding ordinary shares of the Company that are not already owned by the Consortium or otherwise rolled over, for a purchase price of US$5.50 per ADS in cash.
September 19, 2022: O2Micro International Limited (OIIM) announced that it has received a revised preliminary non-binding proposal letter, dated September 19, 2022, from FNOF Precious Honour Limited, Sterling Du, the Chief Executive Officer and the Chairman of the Board, and Perry Kuo, the Chief Financial Officer and a director of the Company (collectively, the “Consortium”), to reduce the purchase price for acquiring all of the outstanding ordinary shares of the Company, each representing 50 shares of the Company that are not already owned by the Consortium or otherwise rolled over, to US$4.90 per ADS (or US$0.098 per ordinary share).
Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.