Penalty Imposed on the Responsible Person of ICatch Inc.
2026-02-10
I. Date of Penalty: February 10, 2026
II. Penalized Party: XX Hsu, person responsible for the actions of ICatch Inc.
III. Legal Basis for Penalty: Subparagraph 2, Paragraph 3 of Article 36; Subparagraph 4, Paragraph 1 of Article 178; Article 179 of the Securities and Exchange Act; and Subparagraph 1, Article 7 of the Enforcement Rules of the Securities and Exchange Act.
IV. Grounds for Violation: On December 19, 2025, ICatch Inc. was reported by the Taiwan Clearing House to be listed as a rejected account due to a dishonored check resulting from insufficient funds. However, ICatch Inc. failed to file the required public announcement until January 29, 2026. This constitutes a violation of Subparagraph 2, Paragraph 3, Article 36 of the Securities and Exchange Act and Subparagraph 1, Article 7 of the Enforcement Rules of the Securities and Exchange Act – stipulating that public announcement and filing are required within 2 days of the date of occurrence.
V. Penalty Imposed: Pursuant to Subparagraph 4, Paragraph 1 of Article 178 and Article 179 of the Securities and Exchange Act, a fine of NT$240,000 is imposed on the person responsible for the actions of ICatch Inc.
Contact Unit: Securities Issuance Division, Securities and Futures Bureau, FSC
Tel.: 2774-7232
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Update:
2026-02-12
