STOCK TITAN

United Microelectronics (NYSE: UMC) sets bond conversion terms and books NTD 248.9M gain

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

United Microelectronics Corporation reports two corporate actions. First, the company confirms that its 1st domestic unsecured convertible corporate bond has become effective upon filing with the Financial Supervisory Commission, R.O.C. (Taiwan) under FSC Letter No. 1150348929 dated July 17, 2026. The base price for conversion is set using the average closing price over the five business days before July 30, 2026, at NT$121.7 per share, with a conversion premium rate of 119.97%, resulting in a conversion price of NT$146.0 per share.

Second, subsidiary Fortune Venture Capital Corporation disposed of common shares of Centera Photonics Inc. between July 29 and July 30, 2026. The sale covered 870,000 shares at an average unit price of NTD 375.45, for total proceeds of NTD 326,642,500 and a reported gain of NTD 248,883,331. After this transaction, cumulative holdings in Centera Photonics amount to 933,662 shares, valued at NTD 83,449,174, representing 1.40% of the company’s shares, with no restrictions on rights. The ratio of securities investment (including this trade) is 2.42% of total assets and 3.03% of shareholders’ equity, and operational capital stands at NTD 44,980,640,000. The stated purpose of the disposal is financing operations.

Positive

  • None.

Negative

  • None.
Base price for conversion NT$121.7 per share Average closing price over five business days before July 30, 2026
Conversion premium rate 119.97% Applied to base price to set bond conversion price
Conversion price NT$146.0 per share Price for 1st domestic unsecured convertible corporate bond
Centera shares sold 870,000 shares Disposal by Fortune Venture Capital Corporation on 2026/07/29–2026/07/30
Centera disposal proceeds NTD 326,642,500 Trading volume times unit price of NTD 375.45
Gain on disposal NTD 248,883,331 Reported gain from Centera Photonics share sale
Remaining Centera stake 1.40% Cumulative holdings of 933,662 shares after transaction
Operational capital NTD 44,980,640,000 Operational capital from the most recent financial statement
domestic unsecured convertible corporate bond financial
"Announcement of the conversion price and premium rate for the 1st domestic unsecured convertible corporate bond"
conversion premium rate financial
"the conversion premium rate is 119.97%"
Financial Supervisory Commission, R.O.C. (Taiwan) regulatory
"has become effective upon filing with the Financial Supervisory Commission, R.O.C. (Taiwan)"
Regulations Governing the Acquisition and Disposal of Assets by Public Companies regulatory
"as listed in article 3 of Regulations Governing the Acquisition and Disposal of Assets by Public Companies"
operational capital financial
"the operational capital as shown in the most recent financial statement: NTD 44,980,640,000"

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FAQ

What conversion price did UMC (UMC) set for its 1st domestic unsecured convertible corporate bond?

UMC set the conversion price at NT$146.0 per share. This was based on a five-day average base price of NT$121.7 and a conversion premium rate of 119.97%, following effectiveness of the bond filing with Taiwan’s Financial Supervisory Commission.

How was the conversion premium rate for UMC (UMC) 1st domestic convertible bond determined?

The conversion premium rate is 119.97%, applied to a base price of NT$121.7 per share. That base price reflects the average closing price of UMC’s common shares over the five business days before July 30, 2026, the conversion price determination reference date.

What shares did UMC’s subsidiary sell in Centera Photonics according to the 6-K for UMC (UMC)?

Subsidiary Fortune Venture Capital Corporation sold 870,000 Centera Photonics shares at an average NTD 375.45 per share. The transaction totaled NTD 326,642,500 and generated a reported gain of NTD 248,883,331 over trading dates July 29–30, 2026.

What are Fortune Venture Capital’s remaining holdings in Centera Photonics per UMC (UMC) filing?

After the disposal, Fortune Venture Capital holds 933,662 Centera Photonics shares, valued at NTD 83,449,174. This stake represents 1.40% of Centera Photonics’ shares, with no pledges or other restrictions on rights reported in the disclosure.

How significant is the Centera Photonics investment to UMC (UMC) in asset terms?

The securities investment, including the reported Centera trade, equals 2.42% of total assets and 3.03% of shareholders’ equity. Operational capital in the latest financial statement is NTD 44,980,640,000, indicating the investment is a relatively small portion of overall resources.

What is the stated purpose of the Centera Photonics share disposal by UMC’s subsidiary (UMC)?

The filing states that the concrete purpose of the Centera Photonics share disposal is “financing operation”. The counterparty is not a related party, and there are no reported restrictions on the remaining shareholdings following the transaction.

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

OF THE SECURITIES EXCHANGE ACT OF 1934

July 30, 2026

(Commission File Number: 001-15128)

United Microelectronics Corporation

(Translation of registrant’s name into English)

No. 3 Li-Hsin 2nd Road,

Hsinchu Science Park,

Hsinchu, Taiwan, R.O.C.

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b) (1):

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b) (7):

 


 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized.

 

United Microelectronics Corporation

 

 

 

By:

Chitung Liu

Name:

Chitung Liu

Title:

CFO

Date: July 30, 2026

 

 

2


 

 

EXHIBIT INDEX

Exhibit

 

Description

 

99

 

 

6K on 07/30/2026

 

3


 

img239034952_0.jpg www.umc.com

Exhibit

Exhibit Description

 

99.1 Announcement on 2026/07/30: Announcement of the conversion price and premium rate for the 1st domestic unsecured convertible corporate bond

99.2 Announcement on 2026/07/30: Represent subsidiary Fortune Venture Capital Corporation to announce related materials on disposal of common shares of Centera Photonics Inc.

 

 


 

Exhibit 99.1

Announcement of the conversion price and premium rate for the 1st domestic unsecured convertible corporate bond

1. Date of occurrence of the event: 2026/07/30

2. Company name: UNITED MICROELECTRONICS CORPORATION

3. Relationship to the Company (please enter “head office” or “subsidiaries”): head office

4. Reciprocal shareholding ratios: Not applicable

5. Cause of occurrence:

Announcement in accordance with “Rules Governing the Issuance and Conversion of the 1st Domestic Unsecured Convertible Corporate Bond.”

6. Countermeasures: None

7. Any other matters that need to be specified (the information disclosure also meets the requirements of Article 7, subparagraph 9 of the Securities and Exchange Act Enforcement Rules, which brings forth a significant impact on shareholders rights or the price of the securities on public companies.):

(1) The issuance of the 1st domestic unsecured convertible corporate bond has become effective upon filing with the Financial Supervisory Commission, R.O.C. (Taiwan) (“FSC”), pursuant to FSC Letter No. 1150348929 dated July 17, 2026.

(2) The base price is determined based on the average closing price of the common shares over the five business days prior to the conversion price determination reference date of July 30, 2026, which is NT$121.7 per share; the conversion premium rate is 119.97%.

(3) Based on the above method, the conversion price is set at NT$146.0 per share.

 

 


 

Exhibit 99.2

Represent subsidiary Fortune Venture Capital Corporation to announce related materials on disposal of common shares of Centera Photonics Inc.

1. Name of the securities: common shares of Centera Photonics Inc.

2. Trading date: 2026/07/29~2026/07/30

3. Date of the board of directors’ resolution: NA

4. Other approval date:

Approval level: NA;

2026/07/30

5. Amount, unit price, and total monetary amount of the transaction:

Trading Volume:870,000 shares;

unit price: NTD 375.45;

total monetary amount: NTD 326,642,500

6. Gain (or loss) through disposal (not applicable in case of acquisition of securities): NTD 248,883,331

7. Relationship with the underlying company of the trade: none

8. Current cumulative amount held, monetary amount, and shareholding percentage of cumulative holdings of the securities being traded (including the current trade), and status of any restriction of rights (e.g. pledges):

cumulative volume: 933,662 shares;

amount: NTD 83,449,174;

percentage of holdings: 1.40%;

status of any restriction of rights: none

9. Current ratio of securities investment (including the current trade, as listed in article 3 of Regulations Governing the Acquisition and Disposal of Assets by Public Companies) to the total assets and equity attributable to owners of the parent as shown in the most recent financial statement and working capital as shown in the most recent financial statement as of the present:

ratio of total assets: 2.42%;

ratio of shareholder's equity: 3.03%;

the operational capital as shown in the most recent financial statement: NTD 44,980,640,000

10. Concrete purpose of the acquisition or disposal: financing operation

11. Any dissenting opinions of directors to the present transaction: NA

12. Whether the counterparty of the current transaction is a related party: no

13. Trading counterparty and its relationship with the Company: NA

14. Date of ratification by supervisors or approval by the audit committee: NA

15. Date on which material information regarding the same event has been previously released: NA

16. Any other matters that need to be specified: none

 


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