Issuer
Country
Industry
2
USD Value
(in Millions)
GlobalWafers Co., Ltd.*
Taiwan
Semiconductors
$469
Azul S.A.*
Brazil
Airlines
$421
General Interface Solution (GIS)
Holding Limited*
Taiwan
Telecommunications
$207
Bright Scholar
China
Commercial Services
$181
argenx
Netherlands
Pharmaceuticals
$115
Verona Pharma plc*
UK
Pharmaceuticals
$88
China Rapid Finance Limited*
China
Internet Software/
Services
$69
Therapix Biosciences
Israel
Biotechnology
$14
Immuron Limited
Australia
Biotechnology
$6
Grand Total
$1,570
*Signifies Citi DR program capital raising.
IPO Deals in
bold italics
signify a JOBS Act Deal.
1
Defined as capital raising at the time of listing of a new DR security, data as of June 30, 2017.
2
Industry as defined by Bloomberg.
DR IPOs
1
Global DR Capital Raisings (cont.)
Source: Bloomberg and Depositary Data Interchange.
14