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Article 3
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On the front cover of the prospectus, the following particulars shall be printed in sequential order:
- The name and seal of the company.
- Where the prospectus is prepared for the purpose of a security token offering (STO): 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 (if a soft cap is imposed, it shall be specifically explained), the terms and conditions of issuance, and redemption mechanisms. For the terms and conditions of issuance and redemption mechanisms, readers may be referred simply to the page numbers in the prospectus where these conditions and mechanisms are listed in full.
- Summary of the purpose of the capital application plan and the projected possible effects/benefits. The page numbers in the prospectus where this is set forth in full shall also be noted.
- If the STO will use blockchain, the company shall describe the underlying technology to be used.
- Fees and charges related to the STO:
- Fees to be paid to the securities firm.
- Other fees and charges, such as fees to be paid to certified public accountants (CPAs), information technology professionals, finance professionals, and attorneys, but no further itemization of the fees is required.
- The following statements shall be printed in a conspicuous manner:
- The content under subparagraphs 2 and 3 of this article.
- This STO is exempted by the competent authority from the requirement of filing for effective registration. Furthermore, the development and utilization of securities token and blockchain technology are still in the innovation stage. Investing in securities tokens entails relatively high risk and there is no guarantee of profitability. Before investing, the investor should pay close attention to and carefully read all content of this Prospectus, make investment decisions prudently, and pay attention to the relevant risks. The page numbers in the prospectus where these are set forth in full must be noted.
- If there is any misrepresentation or concealment in the content of this Prospectus, the company and its responsible person and all other persons who have signed or affixed their seal on the prospectus shall be held liable in accordance with laws.
- The website uniform resource locators (URLs) for enquiry about the prospectus, including the website URL of the securities firm trading platform and the website URL used by the company to disclose information relating to the Prospectus.
- Restrictions on purchasers.
- Publication date.
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