Section III Offering Plans and Implementation Status |
| Article 10 | The section analyzing the capital application plans of past STOs shall include the following items:
- The content of the plans: specify the content of the capital application plan for each past STO, including all past changes to the content of each such plan, the sources and usages of capital, the reasons for any changes, and the effects/benefits before and after the changes.
- Implementation status: specify the status of implementation of each past STO plan and compare it with the originally projected effects/benefits. If the implementation progress or effects/benefits do not reach the projected target, a concrete explanation shall be given of the causes, the impact on shareholders' equity, and plans for improvements.
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| Article 11 | The plan for the current STO shall specify the following items:
- The name of the security token to be offered, the type (dividend token or debt token), quantity, issue price, amount of funding intended to be raised, the soft cap for the funding to be raised, and the maturity date for debt tokens.
- Other rights attached to the security tokens in the current offering.
- The future dividend distribution method or interest payment policy.
- Explanation of the feasibility, necessity, and reasonableness of the current STO plan and its anticipated effects/benefits.
- Explanation of the mechanism by which the issue price is set.
- Capital utilization schedule and the effects/benefits anticipated to be obtained after the current plan is completed.
- Redemption mechanism after issuance.
- The specifications of the technology used and whether relevant certification has been obtained for the technology.
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