Atotech Announces Closing of Its Initial Public Offering
February 08 2021 - 4:15PM
Atotech (NYSE: ATC), a leading specialty chemicals technology
company and a market leader in advanced electroplating solutions,
closed its initial public offering of 29,268,000 shares of common
stock at $17.00 per share. The gross proceeds
to Atotech from the offering were approximately $497.6
million, before deducting the underwriting discount and offering
expenses.
Shares of Atotech common shares began trading on the New York
Stock Exchange on February 4, 2021, under the ticker symbol
“ATC.”
The offering was made through an underwriting group led by
Citigroup, Credit Suisse, BofA Securities and J.P. Morgan, who
acted as lead book-running managers. Additional book-running
managers were Barclays, Deutsche Bank Securities, Jefferies, RBC
Capital Markets, UBS Investment Bank, Baird, BMO Capital Markets,
and HSBC. The co-managers were TCG Capital Markets L.L.C. and
Mischler Financial Group, Inc.
A registration statement on Form F-1 relating to these
securities was declared effective by the Securities and Exchange
Commission. This press release shall not constitute an offer to
sell or the solicitation of an offer to buy, nor shall there be any
sale of these securities in any state or jurisdiction in which such
offer, solicitation, or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state or jurisdiction.
The offering of these securities was made only by means of a
prospectus. Copies of the prospectus may be obtained from Citigroup
Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long
Island Avenue, Edgewood, NY 11717, Attn: Prospectus Department,
Telephone: (800) 831-9146; Credit Suisse Securities (USA) LLC, 6933
Louis Stephens Drive, Morrisville, NC 27560, Attn: Prospectus
Department, Telephone: (800) 221-1037, Email:
usa.prospectus@credit-suisse.com; BofA Securities, NC1-004-03-43,
200 North College Street, 3rd floor, Charlotte, NC 28255-0001,
Attn: Prospectus Department, Email:
dg.prospectus_requests@bofa.com; and J.P. Morgan Securities LLC,
c/o Broadridge Financial Solutions, 1155 Long Island Ave.,
Edgewood, NY 11717, Attn: Prospectus Department, Telephone: (866)
803-9204, Email: prospectus-eq_fi@jpmchase.com.
About AtotechAtotech is a leading specialty
chemicals technology company and a market leader in advanced
electroplating solutions. Atotech delivers chemistry, equipment,
services and software for innovative technology applications
through an integrated systems-and-solutions approach. Atotech
solutions are used in a wide variety of end-markets, including
smartphones and other consumer electronics, communications
infrastructure, and computing, as well as in numerous industrial
and consumer applications such as automotive, heavy machinery, and
household appliances.
Atotech, headquartered in Berlin, Germany, is a team of 4,000
experts in over 40 countries generating annual revenues of
$1.2 billion (2019). Atotech has manufacturing operations
across Europe, the Americas, and Asia. With its well-established
innovative strength and industry-leading global TechCenter network,
Atotech delivers pioneering solutions combined with unparalleled
on-site support for over 8,000 customers worldwide. For more
information about Atotech, please visit us at atotech.com.
Contacts:
Paul Goldberg+1 803 504 4731paul.goldberg@atotech.com
Susanne Richter+49 30 349 85 418press@atotech.com
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