ABVC issues 2.04M shares + 1M warrants for Taiwan land from director Shuling Jiang

ABVC BIOPHARMA, INC.

Issued 2,035,136 restricted shares to Jiang for land valued at $3.86M, plus assumption of $500K bank liability.
Warrant to purchase 1M shares at $2.50/share (cashless exercise); potential 5-year term.
Separate consulting agreement grants 1M shares vesting 200K/yr over 5 years for land development services.
Jiang's ownership could reach 23.3% of outstanding shares post-issuance and vesting (from current 8.16%).
Reversion right if ABVC delists or change of control; price adjustment if stock falls below $1.65 before shares tradable.

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