Parsé Semiconductor Co.

Citi Appointed as Depositary Bank for the GDR Program of Will Semiconductor Co., Ltd. Shanghai

Retrieved on: 
Monday, November 13, 2023
Finance, Semiconductor, Banking, Professional Services, Technology, SIX Swiss Exchange, Citigroup, Shanghai Stock Exchange, Citibank, Connect, London Stock Exchange, Virginia High School League, Parsé Semiconductor Co., Security (finance), GDR

Citi’s Issuer Services, acting through Citibank, N.A., has been appointed by Will Semiconductor Co., Ltd. Shanghai (“Will Semiconductor”) to act as the Depositary Bank for its Global Depositary Receipt (“GDR”) Program.

Key Points: 
  • Citi’s Issuer Services, acting through Citibank, N.A., has been appointed by Will Semiconductor Co., Ltd. Shanghai (“Will Semiconductor”) to act as the Depositary Bank for its Global Depositary Receipt (“GDR”) Program.
  • Will Semiconductor’s GDR Program was established in connection with a US$445 million offering of its GDRs, priced at US$14.35 per GDR.
  • “Citi is pleased to be the Depositary Bank for Will Semiconductor, supporting their GDR program.
  • We expect to see more participation via the Connect Scheme.”
    Citi is a leading provider of depositary receipt services.

ACM Research’s Operating Subsidiary ACM Research (Shanghai) Completes Its IPO Process and Shares Begin Trading on the Shanghai Stock Exchange

Retrieved on: 
Thursday, November 18, 2021
Research, Beida Jade Bird Universal Sci-Tech, STAR, Electroplating, Industry, Star Market, Company, Shanghai Stock Exchange, Innovation, IPO, RMB, Nasdaq, GLOBE, Â, Parsé Semiconductor Co., Shanghai Stock Exchange STAR Market, Board, ACM, NASDAQ, Security (finance)

In the IPO, ACM Shanghai issued 43,355,753 shares, representing 10% of the total 433,557,100 shares outstanding after the IPO.

Key Points: 
  • In the IPO, ACM Shanghai issued 43,355,753 shares, representing 10% of the total 433,557,100 shares outstanding after the IPO.
  • Upon completion of the IPO, ACM owned approximately 82.5% of the outstanding ACM Shanghai shares.
  • ACMs President and Chief Executive Officer Dr. David Wang commented, The successful IPO of ACM Shanghai is a critical milestone for the Company.
  • I want to thank the outstanding teams at ACM Shanghai, ACM, and the full underwriting team for the hard work and dedication.