Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / memo-adr-structure-level-iii.docx
memo-adr-structure-level-iii.docx
Parties
Harkness LLP
Rheintal Industrieholding GmbH
Crestfield Transfer Services Inc
Whitfield LLP
Aldermere Corp
Dates
February 5, 2026
February 24, 2026
January 10, 2026
December 31, 2025
December 31, 2027
December 31, 2023
December 31, 2024
Amounts
$900,000,000
$39.00
$45.00
$1,034,812,600
€8.6
€3.82
€1.07
$42.00
$630,000,000
$1,033,620,000
Obligations
The Company must also comply with the listing standards of the target exchange, the Nasdaq Global Select Market ("Nasdaq GSM")
This memorandum provides a comprehensive comparison of all three levels of sponsored ADR programs, as well as unsponsored programs and Rule 144A/Regulation S private placement programs, and explains why a Level III program is required to achieve Halcyon's dual objectives of raising approximately $900,000,000 in gross proceeds and obtaining a Nasdaq listing
C below), the primary US offering must be conducted through a registered Level III program
The issuer is required to provide only home-country disclosure
In addition, the ADSs must be registered under Section 12(b) of the Exchange Act in connection with their listing on a US exchange
The issuer must comply with Section 13(a) and Section 15(d) of the Exchange Act on an ongoing basis