➀ Odyssey, a US GaN company, has entered the liquidation distribution process and will distribute assets to shareholders by December 23, 2023, with each share receiving $0.11 (about RMB 0.8);
➁ Odyssey held a special shareholders' meeting on June 3, 2023, approving a comprehensive liquidation, dissolution, and asset distribution plan, resulting in the redemption and cancellation of all issued capital stocks;
➂ Odyssey had a cash balance of approximately $1.837 million (about RMB 13.37 million) as of December 17, 2023, with most funds allocated to pay the distribution of $0.11 per share, totaling $1.606 million (about RMB 11.69 million);
➃ Odyssey had previously announced the sale of most of its assets to Power Integrations for $9.52 million (about RMB 67 million) in cash, with key employees joining PI's technical department.