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GF Fits Bill for Wafer Production Outside China or Taiwan, Says IPO

October 6, 2021
Source: consumerelectronicsdaily.com consumerelectronicsdaily.com
News Snapshot:
GF Fits Bill for Wafer Production Outside China or Taiwan, Says IPO Abu Dhabi investment group Mubadala is sole owner of the 500 million shares in wafer supplier GlobalFoundries, said an [F-1 registration statement](/free_trial?ref=gn&source=5) Monday at the SEC for an initial public offering. GF is an “exempted” company in the Cayman Islands where it's incorporated, and that means it isn't required to hold annual meetings, said the filing. Mubadala CEO Ahmed Yahia Al Idrissi is GF’s chairman. The company applied to list its shares on the Nasdaq under the symbol GFS. [Start A Free Trial] [Login With Password] GF, as...
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