The GDSs represent common shares listed on the Taiwan Stock Exchange

Davis Polk advised the initial purchaser in connection with the $190 million Rule 144A / Regulation S offering of 15.6 million global depositary shares, representing 78 million common shares of WT Microelectronics Co., Ltd. The common shares are listed on the Taiwan Stock Exchange.

WT Microelectronics is a leading semiconductor component distributor, strategically focusing on the Asia-Pacific region and offering a comprehensive product portfolio of semiconductor components, covering over 50,000 types of key electronic components with a wide scope of applications.

The Davis Polk capital markets team included partner James C. Lin and registered foreign lawyers Yi-Ping Chang and Allie Ma. The tax team included counsel Alon Gurfinkel. Members of the Davis Polk team are based in the Hong Kong and London offices.

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