| Share-based payment |
16.
Share-based payment
a)
For the six months ended June 30, 2026 and 2025, the Group’s share-based payment arrangements was as follows:
Schedule
of share based payment arrangements
| Type
of arrangement | |
Grant
date | |
Quantity
granted (shares)
| | |
Fair
value per unit | | |
Contract
period | |
Vesting
conditions |
| Bonus shares | |
August 28,2020 | |
| 720,000 | | |
US$ | 2.1610 | | |
5 years | |
5 years’ service |
| Bonus shares | |
January 30, 2026 | |
| 2,850,129 | | |
US$ | 0.4322 | | |
Immediately, 1year, and 3 years | |
Immediately, 1year, and 3 years’ service |
| (1) | On
August 28, 2020, New Moon Corporation (New Moon), a shareholder of the Company, an employee
of the Company and the Company signed a tripartite talent award agreement. Under the agreement,
the Company provides NT$10,000,000 (US$327,600) to the employee for the purchase of 1,000,000
shares of the Company owned by New Moon at NT$10 per share. The shares would be cliff vested
after 5 years. The employee should return the payment to the Company if the acquisition of
the shares could not be completed in thirty days after the payment. Also, the employee should
return the shares to New Moon if the employee resigned within five years from the date of
the agreement. New Moon should also return the consideration received from the employee to
the Company. |
The
aforementioned bonus shares settled by a shareholder of the Company cannot be transferred during the vesting period, but voting right
and dividend right are not restricted. The employee is required to return the shares to the shareholder but not required to return the
dividends received if she resigns during the vesting period.
The
Company accounted for the shares contributed by New Moon as share-based payment arrangement settled by equity. The NT$10,000,000 (US$327,600)
contributed by the Company is accounted for as prepaid cash incentive to the employee and is amortized over the contract period which
is five years.
The
share-based awards granted in 2020 were fully vested in August 2025.
| (2) | On
December 11, 2025, our board of directors approved the adoption of the 2025 Equity Incentive
Plan (the “2025 Plan”), which became effective on the same date. The 2025 Plan
provides for the grant of share-based awards, including, but not limited to, share options,
share appreciation rights, restricted shares, restricted share units, performance units and
performance shares, to employees, directors and consultants of the Company. The aggregate
maximum number of Class A ordinary shares that will be issued pursuant to the 2025 Plan is
3,354,075 shares. On January 30, 2026, an aggregate of 2,850,129 share award of Class A ordinary
shares were granted to employees, directors and consultants under the 2025 Plan. As of June
30, 2026, 503,946 Class A ordinary shares remained available for future grants under the
2025 Plan. The awards were granted with fair value of US$0.4322 per share at grant date.
A portion of the awards vested immediately upon grant date, and the remaining awards will
be vested over a period of up to three years from the grant date. All the outstanding number
of shares here have not considered the share consolidation of 1-for-5 shares as approved
in annual general meeting held on June 8, 2026. |
b)
For the six months ended June 30, 2026 and 2025, the share-based payment transactions were as follows:.
Schedule of share based payment transactions
| | |
Six
months ended June
30, 2026 | | |
Six
months ended June
30, 2025 | |
| Share-based
payments | |
$ | 1,134,787 | | |
$ | 65,856 | |
|