🚨 SK Hynix files amended SEC registration for Nasdaq listing
• SK Hynix filed an amended registration with the SEC to list American Depositary Shares (ADS) on Nasdaq under ticker SKHY.
• The company aims to raise 45.5 trillion won ($29.4 billion) to fund construction of AI chip manufacturing facilities in South Korea.
• Trading is expected to begin on July 10, pending completion of the offering.
• The filing comes just days after SK Hynix, Samsung Electronics, and Micron were named in a DRAM price-fixing class-action lawsuit. If completed, the offering could rank among the largest share offerings in history.
• SK Hynix filed an amended registration with the SEC to list American Depositary Shares (ADS) on Nasdaq under ticker SKHY.
• The company aims to raise 45.5 trillion won ($29.4 billion) to fund construction of AI chip manufacturing facilities in South Korea.
• Trading is expected to begin on July 10, pending completion of the offering.
• The filing comes just days after SK Hynix, Samsung Electronics, and Micron were named in a DRAM price-fixing class-action lawsuit. If completed, the offering could rank among the largest share offerings in history.