Regulations Governing the Offering and Issuance of Securities by Foreign Issuers Article 25
A secondary exchange (or OTC) listed company that offers and issues stock shall prepare a prospectus. In addition to the particulars required in accordance with the laws and regulations of the foreign issuer's country of registration and the country where its shares are listed, the following particulars shall be specified in the prospectus:1. Company overview (including company and group introductions, group structure, risk matters, capital stock, and director, supervisor, managerial officer, and major shareholder information).2. Operations overview (including business scope, competitive strategy, business objectives, strategy, and plan; market, production, and sales overview; major contracts, and other matters requiring supplementary explanation).3. Issue plan and fund utilization plan (including the price-setting method for the current issue and an analysis of the fund utilization plan) and matters stipulated therein.4. Financial overview (including summary financial data, financial statements, and a review and analysis of the financial condition and operating results, for the most recent 5 fiscal years, and other important matters).5. Status of corporate governance operations and other matters requiring supplementary explanation.6. The concluding opinion of the securities underwriter's evaluation.7. A legal opinion issued by a lawyer.8. The shareholder services agent.9. Main content of the custody contract.10. Any matters requiring attention in connection with restrictions on securities transactions by foreigner nationals, tax burdens, and tax payment procedures, of the foreign issuer's country of registration and country in which its shares are listed.11. The highest, lowest, and average market price of the stock for the most recent 6 months on any securities trading market on which it is listed. However, if the period of listing of the underlying securities has been less than 6 months, the highest, lowest and average market prices for such period.12. Method for exercise of shareholder rights.13. Those who have retained an FSC-approved or -recognized credit rating institution to conduct a credit rating shall disclose the credit rating report issued by the credit rating institution.14. Any other important stipulations, or other matters that the FSC requires to be specified.The draft prospectus shall be transmitted, as an electronic file in the format prescribed by the FSC, to the information disclosure website specified by the FSC and, within 30 days from the date of receipt of the notice of effective registration, the final amended prospectus shall be transmitted as an electronic file to the information disclosure website specified by the FSC.A secondary exchange (or OTC) listed company offering and issuing stock shall deliver the prospectus to subscribers in advance.
中文原文 外國發行人募集與發行有價證券處理準則第25條
第二上市（櫃）公司募集與發行股票，應備置公開說明書，其內容除依外國發行人註冊地國及上市地國法令規定編製外，並應記載下列事項：
一、公司概況（包括公司及集團簡介、集團架構、風險事項、股本、董事、監察人、經理人及主要股東資料）。
二、營運概況（包括業務範圍、競爭策略、業務目標、策略及計畫、市場、生產及銷售概況、重要契約及其他必要補充說明事項）。
三、發行計畫、資金運用計畫（包括本次發行價格之訂定方式、資金運用計畫分析）及其約定事項。
四、財務概況（包括最近五年度簡明財務資料、財務報表、財務狀況及經營結果之檢討分析暨其他重要事項）。
五、公司治理運作情形及其他必要補充說明事項。
六、證券承銷商之評估總結意見。
七、律師出具之法律意見書。
八、代辦股務機構。
九、保管契約之主要內容。
十、外國發行人註冊地國及上市地國有關外國人證券交易之限制、租稅負擔及繳納處理應注意事項。
十一、股票在所上市證券交易市場最近六個月之最高、最低及平均市價。
但上市期間未滿六個月者，為該上市期間之最高、最低及平均市價。
十二、股東行使權利之方式。
十三、委託經本會核准或認可之信用評等機構進行評等者，應揭露該信用評等機構所出具之評等報告。
十四、其他重要約定或本會規定應記載之事項。
公開說明書稿本應按本會規定之格式以電子檔案方式傳至本會指定之資訊申報網站，並自申報生效通知到達之日起三十日內，應將修正後公開說明書定本以電子檔案方式傳至本會指定之資訊申報網站。
第二上市（櫃）公司募集與發行股票，應先向認股人交付公開說明書。
一、公司概況（包括公司及集團簡介、集團架構、風險事項、股本、董事、監察人、經理人及主要股東資料）。
二、營運概況（包括業務範圍、競爭策略、業務目標、策略及計畫、市場、生產及銷售概況、重要契約及其他必要補充說明事項）。
三、發行計畫、資金運用計畫（包括本次發行價格之訂定方式、資金運用計畫分析）及其約定事項。
四、財務概況（包括最近五年度簡明財務資料、財務報表、財務狀況及經營結果之檢討分析暨其他重要事項）。
五、公司治理運作情形及其他必要補充說明事項。
六、證券承銷商之評估總結意見。
七、律師出具之法律意見書。
八、代辦股務機構。
九、保管契約之主要內容。
十、外國發行人註冊地國及上市地國有關外國人證券交易之限制、租稅負擔及繳納處理應注意事項。
十一、股票在所上市證券交易市場最近六個月之最高、最低及平均市價。
但上市期間未滿六個月者，為該上市期間之最高、最低及平均市價。
十二、股東行使權利之方式。
十三、委託經本會核准或認可之信用評等機構進行評等者，應揭露該信用評等機構所出具之評等報告。
十四、其他重要約定或本會規定應記載之事項。
公開說明書稿本應按本會規定之格式以電子檔案方式傳至本會指定之資訊申報網站，並自申報生效通知到達之日起三十日內，應將修正後公開說明書定本以電子檔案方式傳至本會指定之資訊申報網站。
第二上市（櫃）公司募集與發行股票，應先向認股人交付公開說明書。