Chinese Company Will Semiconductor Lists Its GDRs at SIX Swiss Exchange

Today, Will Semiconductor (Ticker "WILL") becomes the seventh company to list Global Depository Receipts (GDRs) at SIX Swiss Exchange in 2023.

Chinese Company Will Semiconductor Lists Its GDRs at SIX Swiss Exchange
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Will Semiconductor Co., Ltd. placed 31,000,000 GDRs at an offer price of USD 14.35 per GDR, with one (1) GDR representing an interest in one (1) A-share of the company. The A-shares of the company are listed at the Shanghai Stock Exchange. Will Semiconductor Co., Ltd. raised gross proceeds of approximately USD 444.9 million from the GDRs offering.

Will Semiconductor Co., Ltd. designs and develops high-performance integrated circuit devices, currently engaging in three main business lines: advanced digital imaging solutions, touch and display solutions and analog solutions and it is continuing to expand its product and solution offerings so as to serve emerging, high-growth verticals.

More information about Will Semiconductor Co., Ltd.

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SIX operates and develops infrastructure services for the Swiss and Spanish Stock Exchanges, for Post-Trade Services, Banking Services and Financial Information with the aim of raising efficiency, quality and innovative capacity across the entire value chain of the Swiss and Spanish financial centers. The company is owned by its users (120 banks). With a workforce of 4,044 employees and a presence in 20 countries, it generated operating income of CHF 1.5 billion and Group net profit of CHF 185.0 million in 2022.
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