Media Coverage
Unique Deal Involves Japanese Depository Shares
Source: Daily Journal
Media Coverage
Press Contacts: Erik Cummins, Matt Hyams, Olivia Thomas
10.24.17
A Pillsbury team led by James Masetti in Silicon Valley represented Techpoint in its initial public offering on the Tokyo Stock Exchange. In the listing, Techpoint priced 1.520 million Japanese depository shares at $5.85 each. Each Japanese depository share represents an ownership interest in one share of common stock. The shares are listed on the mothers market of the Tokyo Stock Exchange under the “M-6697” securities identification code.
Techpoint is a fabless semiconductor company that designs, markets and sells mixed-signal integrated circuits in China, South Korea, Japan and Taiwan. The San Jose-based company said its integrated circuits enable the transition from standard-definition video to high-definition video in the security surveillance and automotive industries.
The Pillsbury team was supported by Silicon Valley partners Cindy Schlaefer and C. Brian Wainwright along with counsel Matthew Desharnais and San Francisco associate Robert Tian.