| Home : March 14 2017 Computer News : Andes Technology Corporation Goes IPO On the Taiwan Stock Exchange |
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Andes Technology Corporation Goes IPO On the Taiwan Stock Exchange |
March 14, 2017
HSINCHU, TAIWAN--(Marketwired - March 13, 2017) - Andes Technology Corporation, the leading Asia-based supplier of small, low-power, high performance 32-bit embedded CPU cores, today made an initial stock listing of 40,611,915 shares at a price of NT$65.10 per share. The shares began trading on the Taiwan Stock Exchange Corporation (TWSE)-the driving engine of Taiwan's economic growth-on March 14, 2017, under the TWSE ticker symbol "6533.TWO." Proceeds from the offering will be used to expand the company's R&D effort to fuel Andes' international expansion into the U.S. and Europe and to increase its competitiveness in China, Korea, and Japan.
Link: http://www.marketwired.com/mw/release.do?id=2202614&sourceType=3
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