GlobalFoundries to issue 9.9 million ordinary shares to U.S. Department of Commerce at $37.85 per share
GlobalFoundries Inc. entered into a Securities Issuance Agreement on September 3, 2026 with the U.S. Department of Commerce, under which GF will issue 9,907,399 ordinary shares at $37.85 per share, implying aggregate proceeds of approximately $375.1 million. The shares are subject to transfer and voting restrictions, including a prohibition on privately negotiated transfers to GF competitors and limits on U.S. governmental shareholder voting rights. The Agreement also provides for customary resale shelf registra...
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