Wistron prices $1.47B GDR offering; shares slump over 6%
Wistron, a Nvidia supplier, priced a $1.47 billion worldwide depositary receipt offering, selling 25 million GDRs. Shares slumped more than 6% after the offering price was set.
Wistron Corp. said one issue is meeting top AI demand and the other is how to fund that expansion. 47 billion worldwide depositary receipt offering. The company is selling 25 million GDRs and said it plans to use the proceeds partly for the acq…