GLOBALFOUNDRIES Inc.
General Information | |
Business: | We are one of the world’s leading semiconductor foundries. We manufacture complex feature-rich ICs that enable billions of electronic devices that are pervasive throughout nearly every sector of the global economy. With our specialized foundry manufacturing processes, a library consisting of thousands of IP titles, and differentiated transistor and device technology, we serve a broad range of customers, including the global leaders in IC design, and provide optimized solutions for the function, performance and power requirements of critical applications driving key secular growth end markets. As the only scaled pure-play foundry with a global footprint that is not based in China or Taiwan, we help customers mitigate geopolitical risk and provide greater supply chain certainty. (Note: GlobalFoundries, Inc., priced its IPO on Oct. 27, 2021, at $47 – the top of its $42-to-$47 price range – on 55 million shares, the same number in the prospectus, to raise $2,585.0 million – or $2.59 billion. Of the 55 million shares sold in the IPO. a total of 30.25 million were offered by GlobalFoundries and the remaining 24.75 million were offered by GlobalFoundries’ existing shareholder, Mubadala Investment Company PJSC.)
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Industry: | SEMICONDUCTORS & RELATED DEVICES |
Employees: | 1500 |
Founded: | 2008 |
Contact Information | |
Address | 400 Stonebreak Road Extension, Malta, New York 12020, US |
Phone Number | (518) 305-9013 |
Web Address | http://www.gf.com/ |
View Prospectus: | GLOBALFOUNDRIES Inc. |
Financial Information | |
Market Cap | $23793.71mil |
Revenues | $5192.0 mil (last 12 months) |
Net Income | $-111.8 mil (last 12 months) |
IPO Profile | |
Symbol | GFS |
Exchange | NASDAQ |
Shares (millions): | 55.0 |
Price range | $47.00 - $47.00 |
Est. $ Volume | $2585.0 mil |
Manager / Joint Managers | Morgan Stanley/ BofA Securities/ J.P. Morgan/ Citigroup/ Credit Suisse/ Deutsche Bank Securities/ HSBC/ Jefferies |
CO-Managers | Baird/ Cowen and Company/ Needham & Co./ Raymond James/ Wedbush Securities/ Drexel Hamilton/ Siebert Williams Shank/ Intesa Sanpaolo S.p.A. |
Expected To Trade: | 10/28/2021 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |