{"id":36745,"date":"2021-10-17T18:44:24","date_gmt":"2021-10-17T22:44:24","guid":{"rendered":"https:\/\/www.saratoga.com\/saratogabusinessjournal\/?p=36745"},"modified":"2021-10-17T18:44:24","modified_gmt":"2021-10-17T22:44:24","slug":"globalfoundries-files-with-government-to-clear-way-for-making-stock-shares-public","status":"publish","type":"post","link":"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2021\/10\/globalfoundries-files-with-government-to-clear-way-for-making-stock-shares-public\/","title":{"rendered":"GlobalFoundries Files With Government To Clear Way For Making Stock Shares Public"},"content":{"rendered":"
\"\"
GlobalFoundries is making plans to sell its stocks publicly.
Courtesy GlobalFoundries<\/figcaption><\/figure>\n

GlobalFoundries, headquartered in Malta, announced that it has publicly filed a registration statement with the U.S. Securities and Exchange Commission relating to the proposed initial public offering of its ordinary shares. <\/span><\/p>\n

The number of ordinary shares to be offered and the price range for the proposed offering have not yet been determined. <\/span><\/p>\n

GlobalFoundries has applied to list its ordinary shares on the Nasdaq Global Select Market under the ticker symbol \u201cGFS.\u201d<\/span><\/p>\n

Morgan Stanley, BofA Securities, J.P. Morgan, Citigroup and Credit Suisse are acting as active book-running managers for the proposed offering, the company said. Deutsche Bank Securities, HSBC and Jefferies are acting as additional book-running managers for the proposed offering. Baird, Cowen, Needham & Co., Raymond James, Wedbush Securities, Drexel Hamilton, Siebert Williams Shank and IMI \u2013 Intesa Sanpaolo are acting as co-managers for the proposed offering.<\/span><\/p>\n

The proposed offering will be made only by means of a prospectus. <\/span><\/p>\n

<\/span>The company said copies of the preliminary prospectus, when available, may be obtained from: <\/span><\/p>\n

\u2022 <\/b>Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick St., Second Floor, New York, New York 10014; <\/span><\/p>\n

\u2022 <\/b>BofA Securities, Inc., NC1-004-03-43, Attention: Prospectus Department, 200 North College St., 3rd Floor, Charlotte, NC 29255 or by email at dg.prospectus_requests@bofa.com.; <\/span><\/p>\n

\u2022 <\/b>J.P. Morgan Securities LLC, c\/o Broadridge Financial Solutions, 1155 Long Island Ave., Edgewood, NY 11717, by telephone at 866-803-9204 or by email at prospectus-eq_fi@jpmchase.com; <\/span><\/p>\n

\u2022 <\/b>Citigroup Global Markets Inc., c\/o Broadridge Financial Solutions, 1155 Long Island Ave., Edgewood, NY 11717, by telephone at (800) 831-9146 or by email at prospectus@citi.com; <\/span><\/p>\n

\u2022 <\/b>Credit Suisse Securities (USA) LLC, Attn: Prospectus Department, 11 Madison Ave., 3rd Floor, New York, NY 10010, by telephone at 800-221-1037 or by email at usa.prospectus@credit-suisse.com.<\/span><\/p>\n

A registration statement relating to these securities has been filed with the SEC but has not yet become effective, officials said. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.<\/span><\/p>\n

GlobalFoundries is owned by the government of Abu Dhabi but is headquartered in the town of Malta, home to its Fab 8 computer chip factory where 3,000 people are employed.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

GlobalFoundries, headquartered in Malta, announced that it has publicly filed a registration statement with the U.S. Securities and Exchange Commission relating to the proposed initial public offering of its ordinary shares. The number of ordinary shares to be offered and the price range for the proposed offering have not yet been determined. GlobalFoundries has applied […]<\/p>\n","protected":false},"author":89,"featured_media":36746,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-36745","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"\r\nGlobalFoundries Files With Government To Clear Way For Making Stock Shares Public - Saratoga Business Journal<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2021\/10\/globalfoundries-files-with-government-to-clear-way-for-making-stock-shares-public\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"GlobalFoundries Files With Government To Clear Way For Making Stock Shares Public - Saratoga Business Journal\" \/>\r\n<meta property=\"og:description\" content=\"GlobalFoundries, headquartered in Malta, announced that it has publicly filed a registration statement with the U.S. Securities and Exchange Commission relating to the proposed initial public offering of its ordinary shares. 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