Here are the 424B prospectus supplements from GlobalFoundries Inc. (GFS) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow GFS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GFS filings page.
GLOBALFOUNDRIES Inc. is registering 27,344,840 ordinary shares for resale by Mubadala. The offering includes 20,000,000 shares to the public at a public offering price of $42.00 per share and 7,344,840 shares that the company intends to repurchase concurrently for approximately $300.0 million.
The company will not receive proceeds from Mubadala’s sale; Mubadala will receive net proceeds before expenses of $816,900,000 for the 20,000,000-share tranche and the public offering totals $840,000,000. Shares outstanding after the offering and repurchase are shown as 549,072,416 ordinary shares.
GLOBALFOUNDRIES Inc. is registering 20,000,000 ordinary shares for sale by Mubadala and will not receive proceeds. The selling shareholder, Mubadala, is offering 20,000,000 shares to the public (plus a 15% option) and the company intends to concurrently repurchase approximately $300.0 million of shares from the underwriters, which would equal about 6,963,789 shares at an assumed repurchase price of $43.08 per share.
The offering is a resale by Mubadala under a Form F-3 shelf; the company states it will fund the repurchase with cash on hand and will cancel repurchased shares. Mubadala’s ownership would fall from approximately 80.94% to about 77.06% on the assumptions shown.