Upon closing, AMD will:
- Have equal voting rights with ATIC in The Foundry Company;
- Own 44.4 percent of The Foundry Company on a fully converted to common basis;
- Improve its liquidity through The Foundry Company's assumption of approximately $1.2 billion of AMD's debt, ATIC's $700 million payment to AMD for ownership interests in The Foundry Company and Mubadala's purchase for $314 million of 58 million newly issued AMD shares and warrants for 30 million additional shares;
- Tightly focus on the design and development of the next generation of innovation based on the fusion of computing and graphics processing;
- Elect a Mubadala designee as a member of its board of directors;
- Excluding its consolidation of The Foundry Company for financial reporting purposes, improve its net cash position by $2.1 billion, through The Foundry Company's assumption of approximately $1.1 billion in debt (net of approximately $100 million cash transferred by AMD to The Foundry Company) and cash payments from ATIC and Mubadala aggregating $1.0 billion;
- Have the option, but not any requirement, to provide additional capital funding to The Foundry Company in response to future capital calls; and
- Have an exclusive supply agreement with The Foundry Company, with limited exceptions, to manufacture AMD processors and to manufacture, where competitive, certain percentages of other AMD semiconductor products.
