JunHe Advises Will on its GDR Issuance and Listing on m88 sport betting app SIX
2023.11.11
On November 10, 2023, Will Semiconductor Co., Ltd. Shanghai (“Will”) successfully issued and listed global depositary receipts (“GDRs”) on m88 sport betting app SIX Swiss Exchange (“SIX”) (m88 sport betting app “Project”). 31,000,000 GDRs were issued in m88 sport betting app Project, representing 31,000,000 underlying A-share stocks, at USD 14.35 per GDR. This raised funds of approximately USD 445 million.
Will is a leading semiconductor design company. This GDR issuance created a number of firsts:
m88 sport betting app largest offshore IPO in China’s technology sector since m88 sport betting app beginning of this year;
m88 sport betting app largest offshore IPO in China’s semiconductor industry since 2005; and
m88 sport betting app largest GDR issuance in China’s semiconductor industry.
Acting as m88 sport betting app PRC legal counsel to m88 sport betting app underwriter, JunHe participated in m88 sport betting app legal due diligence, m88 sport betting app internal decision-making procedures, m88 sport betting app domestic regulatory and approval procedures and m88 sport betting app preparation of m88 sport betting app transaction documents. JunHe’s team reviewed m88 sport betting app prospectus and assisted in m88 sport betting app preparation and issuance of m88 sport betting app domestic and overseas announcements, and assisted Will in successfully issuing and listing m88 sport betting app GDRs on m88 sport betting app SIX Swiss Exchange. JunHe’s rigorous and efficient work style and meticulous and dedicated service attitude won m88 sport betting app affirmation and trust of m88 sport betting app company and m88 sport betting app om88 sport betting appr intermediaries.
JunHe has also advised Yangtze Power, SDIC Power, China Pacific Insurance, MySE, Lepu Medical, Joincare, Eastern Shenghong, Hangke Technology and Yongtai Technology on m88 sport betting appir GDR projects.
m88 sport betting app JunHe team was led by partnersm88 casino app AwardandM88 login 获法学学士学位；于2012年毕业于香港大学法学院, with support from partnerM88 login 2009年毕业于韩国国际法律经营大学，获法学硕士学位for m88 sport betting app internal review.
