Apacer Technology Inc. announced a private placement of 11,000,000 shares at a price of TWD 33 per share for gross proceeds of TWD 363,000,000 on November 3, 2022. The transaction will include participation from returning investor Acer Incorporated. The transaction has been approved by the board of directors of Acer Incorporated.

Post closing, the investor will hold 8.97% stake in the company.