Upon closing, ATIC will:
- Have equal voting rights with AMD in The Foundry Company;
- Own 55.6 percent of The Foundry Company on a fully converted to common basis;
- Invest an initial $2.1 billion, of which $1.4 billion will be invested directly in the new company and $700 million will be paid directly to AMD;
- Commit a minimum of $3.6 billion and up to $6.0 billion in additional funds over the next five years for the upgrade and expansion of fabrication facilities in Dresden and construction of a new facility in Upstate New York.
Upon closing, Mubadala will:
- Purchase for an aggregate of $314 million 58 million newly issued AMD shares and warrants for 30 million additional shares, giving it a total stake in AMD of 19.3 percent on a fully diluted basis; and
- Have a right to designate a representative for election as a member of the board of directors of AMD.
