Company: FSTWF
Filing Date: 2025-02-28
Form Type: F-1
Source: 0001213900-25-018264
Chunk: 153

Company: FST Corp.
Filing Date: 2025-02-28
Form: F-1
Chunk 153
---
 purchased by FST from Factory Automation. As of December 31, 2021, an amount of NT$2,592,872 ($84,679.03) was due and payable to FST from Factory Automation for software service fees charged, and an aggregate amount of NT$12,233,688 ($399,532.59) was paid as prepayment by FST to Factory Automation for purchase of machinery. In 2022, an aggregate amount of NT$6,826,860 ($222,954.28) was incurred by Factory Automation for software service fees payable to FST. As of December 31, 2022, an aggregate amount of NT$2,389,400 ($78,033.96) was due and payable to FST from Factory Automation for software service fees charged. In 2023, an aggregate amount of NT$6,826,860 ($222,954.28) was incurred by Factory Automation for software service fees payable to FST, and machinery in the aggregate amount of NT$5,100,000 ($166,557.81) was purchased by FST from Factory Automation. As of December 31, 2023, an amount of NT$432,735 ($14,132.43) was due and payable to FST from Factory Automation for software service fees charged. From January to September of 2024, an aggregate amount of NT$5,653,188 ($184,624.04) was incurred by Factory Automation for software service fees payable to FST. As of September 30, 2024, an amount of NT$2,012,322 ($65,719.20) was due and payable to FST from Factory Automation for software service fees charged. Furthermore, from January to September 2024, FST America purchased equipment from Factory Automation in the amount of NT$21,391,132 ($698,600) for onward sale to non -relatedparties. The balance of related payables of FST America as of September 30, 2024 is zero. Peko, LLC FST America leases warehouse space from Peko, LLC (“Peko”) for office use. FST America entered into the lease agreement with Peko on July 1, 2020, which provides that FST America shall pay Peko on a monthly basis NT$842,050 ($27,500) in rent (tax excluded). The lease is a one year lease with an initial term that expires on