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GlobalFoundries Goes Public

Written by Saratoga TODAY on . Posted in Business.

MALTA — GlobalFoundries has filed for an initial public offering of its ordinary shares. The number of shares to be offered and the price range for the proposed offerings have not yet been determined. GlobalFoundries has applied to list its ordinary shares on the Nasdaq Global Select Market under the ticker symbol “GFS.” 

In April of 2021, GlobalFoundries relocated its headquarters from California to Malta, where it has its Fab 8 manufacturing complex. In July of 2021, the company then announced plans to expand its manufacturing complex in Malta. 

For more information about GlobalFoundries, visit their website at https://gf.com. 

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