First reported by Seoul Economic Daily
SK hynix Heads to Nasdaq: Can It Reach Micron-Level Valuation?
SK Hynix files for U.S. IPO, plans 177.9M ADSs on Nasdaq targeting ~$29.4B
By
Preeti Singh
1h ago· 1 min readenNews
Summary
SK Hynix has filed for a U.S. IPO, planning to offer 177.9 million American Depositary Shares (ADS) on Nasdaq under the ticker SKHY. Each ADS represents one-tenth of a common share. The offering is targeting approximately $29.4 billion, making it a significant IPO event. The company is based in Icheon, South Korea.
Source
bskySK Hynix files for U.S. IPO, plans 177.9M ADSs on Nasdaq targeting ~$29.4Bseekingalpha.comKey quotes
· 2 pulledSK Hynix (HXSCL) plans to offer 177.9M American Depositary Shares in its U.S. IPO, according to the firm's latest regulatory filing.
Each ADS represents one-tenth of a share of common stock, par value W5,000 per share, or 'common share.'
SK Hynix’s U.S. IPO: 177.9M ADSs planned for Nasdaq (SKHY), targeting ~$29.4B.
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