Hsinchu, Taiwan, October 26, 2012 - ChipMOS TECHNOLOGIES
(Bermuda) LTD. ("ChipMOS" or the
"Company") (NASDAQ: IMOS) today announced the
pricing of an underwritten public offering of 2,500,000 of
its common shares at a price of US$10.10 per share. 1,700,000
common shares are being offered by Company shareholder
ThaiLin Semiconductor Corp. ("ThaiLin"), a
subsidiary of ChipMOS, and 800,000 common shares are being
offered by Company shareholder Siliconware Precision
Industries Co., Ltd. ("Siliconware Precision"). In
addition, the underwriters have an option to purchase up to
an additional 300,000 shares from ThaiLin. ThaiLin will
receive the proceeds from its sale of ChipMOS' common
shares in this offering. ChipMOS will not receive any of the
proceeds from the sale of shares by Siliconware Precision.
The offering is expected to close on or about October 31,
2012, subject to satisfaction of customary closing
conditions.
Cowen and Company, LLC and Craig-Hallum Capital Group LLC are
acting as joint book-running managers for the offering.
A prospectus supplement relating to the offering will be
filed with the U.S. Securities and Exchange Commission (the
"SEC") and will be available on the SEC's
website located at www.sec.gov. Copies of the prospectus
supplement and accompanying base prospectus may be obtained,
when available, from Cowen and Company, LLC c/o Broadridge
Financial Services, 1155 Long Island Avenue, Edgewood,
NY,11717, Attn: Prospectus Department, Phone: 631-274-2806,
Fax: 631-254-7140; or from Craig-Hallum Capital Group LLC,
via telephone: 612-334-6388; facsimile: 612-334-6348; email:
matt.celin@craig-hallum.com; or standard mail at Craig-Hallum
Capital Group LLC, 222 South Ninth Street, Suite 350,
Minneapolis, MN 55402.
This news release shall not constitute an offer to sell or
the solicitation of an offer to buy any securities of
ChipMOS, nor shall there be any sale of securities in any
state or jurisdiction in which such an offer, solicitation or
sale would be unlawful prior to registration or qualification
under the securities laws of any such state or jurisdiction.
The offer will be made only by means of a prospectus,
including a prospectus supplement, forming part of an
effective registration statement.
About ChipMOS TECHNOLOGIES (Bermuda) LTD.:
ChipMOS (http://www.chipmos.com) is a leading independent
provider of semiconductor testing and assembly services to
customers in Taiwan, Japan, and the U.S. With advanced
facilities in Hsinchu and Southern Taiwan Science Parks in
Taiwan and Shanghai, ChipMOS and its subsidiaries provide
testing and assembly services to a broad range of customers,
including leading fabless semiconductor companies, integrated
device manufacturers and independent semiconductor
foundries.
Forward-Looking Statements:
This news release contains forward-looking statements. Words
such as "believes", "anticipates",
"plans", "expects", "intend",
"will", "goal", "potential" and
similar expressions are intended to identify forward-looking
statements. These forward-looking statements are based upon
the Company's current expectations and involve risks and
uncertainties. Actual results and the timing of events could
differ materially from those anticipated in such
forward-looking statements as a result of these risks and
uncertainties, which include, without limitation, risks
related to the Company's ability to satisfy the closing
conditions required for the consummation of the offering and
other risks detailed in the registration statement covering
the offering and in the Company's filings with the
Securities and Exchange Commission, including "Item 3.
Key Information -- Risk Factors" in our Annual Report on
Form 20-F for the year ended December 31, 2011, and
subsequent Reports on Form 6-K. These reports can be accessed
on the SEC's website at www.sec.gov. These
forward-looking statements speak only as of the date of this
news release and undue reliance should not be placed on them.
All forward-looking statements are qualified in their
entirety by this cautionary statement. Except where required
by law, the Company undertakes no obligation to revise or
update any forward-looking statements to reflect events or
circumstances after the date of this news release.
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