Davis Polk advised Himax Technologies, Inc. (Himax) on an SEC-registered secondary offering by selling shareholder Innolux Corporation of 25,399,753 of American Depositary Shares (ADSs) representing 50,799,506 ordinary shares of Himax (including ADSs sold pursuant to the underwriters’ over-allotment option). The total proceeds of the offering were approximately $133.3 million. The ADSs are listed on the NASDAQ Global Select Market under the symbol “HIMX.” Citigroup Global Markets Inc. acted as global coordinator for the offering and Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Chardan Capital Markets, LLC and Credit Suisse Securities (USA) LLC acted as joint bookrunners for the offering. Oppenheimer & Co. Inc., Rosenblatt Securities Inc. and Craig-Hallum Capital Group LLC acted as co-managers of the offering.

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The firm is pleased to announce that it will open a Hong Kong office, subject to the firm obtaining appropriate regulatory approval. Pending this approval, John Rhie will be joining the firm as managing partner of the Hong Kong office and Chair of the firm’s Asian International Arbitration practice. Current firm partner Carey Ramos will be moving from New York City to join Mr. Rhie in Hong Kong as a senior partner, once the office obtains approval.

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