February 8, 2021

TOKYO, Japan, February 8, 2021 ― Renesas Electronics Corporation (“Renesas”, TSE:6723), a premier supplier of advanced semiconductor solutions, today announced that the Shelf Registration Statement has been filed to the Kanto Finance Bureau as of today, February 8, 2021.
The intention of the filing of Shelf Registration Statement is to prepare a framework that enables Renesas to flexibly issue new shares to procure a portion of the funds for the acquisition of Dialog Semiconductor Plc (XETRA:DLG)(the “Acquition”) as announced in the “Agreement on Commencement of Acquisition Procedure to Make Dialog Semiconductor Plc a Wholly-owned Subsidiary” today.

(1) Class of Securities to be offered Shares of common stock of Renesas
(2) Scheduled Issue Period For the period from the scheduled effective date of the Shelf Registration to the date that is one year after such scheduled effective date (From February 24, 2021 to February 23, 2022)
(3) Scheduled Issue Amount Up to 270 billion yen
(4) Offering Method To be determined
(5) Use of Proceeds The issuance of shares of common stock related to the Shelf Registration will be to procure the funds for the Acquisition, or for repayment of the borrowing conducted to procure the fund for the Acquisition
(6) Underwriters To be determined

About Renesas Electronics Corporation

Renesas Electronics Corporation (TSE: 6723) delivers trusted embedded design innovation with complete semiconductor solutions that enable billions of connected, intelligent devices to enhance the way people work and live. A global leader in microcontrollers, analog, power, and SoC products, Renesas provides comprehensive solutions for a broad range of automotive, industrial, infrastructure, and IoT applications that help shape a limitless future. Learn more at renesas.com. Follow us on LinkedIn, Facebook, Twitter, and YouTube.

 

Additional Information

This press release has been prepared for the purpose of announcing to the public certain matters relating to the filing of shelf registration statement for issuance of new shares of Renesas, and not for the purpose of soliciting investment or engaging in any other similar activities within or outside Japan. In addition, this press release does not constitute an offer or sale of securities in the United States. The securities referred to above have not been, and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”). The securities may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act. The securities referred to above will not be publicly offered or sold in the United States.

 

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