SK Hynix Shares Jump 13% on $29.4 Billion Nasdaq Listing Plan
SK Hynix shares surged 13% to a record high on Thursday following the memory-chip maker's disclosure of a $29.4 billion listing on Nasdaq. Under an American Depositary Receipts plan formally filed with the U.S. Securities and Exchange Commission, South Korea’s second-largest chipmaker will issue 17.79 million new shares, valued at 45.5 trillion won based on its June 23 closing price. The deposits are expected to commence trading under the ticker $SKHY on July 10, representing approximately 2.5% of the company’s 712.7 million outstanding shares.
From the sources (21 posts)
@jukan05@fulllleverage 최근 SK하이닉스 주가 급등을 이끈 원동력은 ADR 상장 기대감이다. SK하이닉스는 미국 증시에 ADR을 상장하기 위해 미국 증권거래위원회(SEC)에 신청서를 제출하는 등 관련 절차를 진행 중이다. 외신에 따르면 이날 밤에서 오는 23일 새벽에 승인 여부가 결정될 전망이다. 근데 오늘 발표가 없었네요
@jukan05@UncleAlpha007 SEC approval was expected to be announced today, but no announcement was made.
@firstsquawkSK HYNIX SEEKS TO ISSUE 45.45T WON OF NEW DR
@jukan05SK Hynix Officially Decides on US Nasdaq ADR Issuance: 17.79 Million New Shares, Up to KRW 45.5 Trillion in Proceeds ▶️ ADR Issuance Overview Board resolution date: June 24, 2026 (all six outside directors in attendance) Issuance type: New
@wallstengineSK HYNIX SEEKS TO ISSUE ₩45.45T IN NEW DEPOSITARY RECEIPTS
@wallstengineSK HYNIX APPROVES NASDAQ ADR ISSUANCE TO RAISE UP TO ₩45.5T SK Hynix officially approved a new-share DR issuance through a third-party allotment method, with plans to list on Nasdaq Global Select Market on July 10. Issuance size: 17.79M n
@zephyr_z9RT @jukan05: SK Hynix Officially Decides on US Nasdaq ADR Issuance: 17.79 Million New Shares, Up to KRW 45.5 Trillion in Proceeds ▶️ ADR I…
@jukan05SK Hynix ADRs are scheduled to list on Nasdaq on July 10.
@thetranscript_SK hynix has filed a Form F-1 with the SEC for a Nasdaq listing of American Depositary Shares under the ticker $SKHY, offering up to 17.79M new shares, ~2.50% of its 712.70M shares outstanding.
@jukan05SK hynix Files Form F-1 with the SEC
@techmemeSK Hynix says it is seeking to raise ~$29.4B in a US listing, expects trading to start on July 10, and intends to use the funds for building additional capacity (Bloomberg) (Visit Techmeme dot com for the link and full context!)
@businessSK Hynix is looking to raise 45.45 trillion won by selling depositary receipts on the Nasdaq exchange
@negligible_capSK Hynix will raise almost $30B listing on the Nasdaq and expects to start trading July 10. Buckle up
@reutersSouth Korea's SK Hynix says to raise $29 bln in ADR listing
@reutersSouth Korea's government discussing major new chip investments with Samsung, SK Hynix
@tanayjSK Hynix is raising ~$29.4B in a Nasdaq ADR listing, trading set to start July 10. Will make it the largest ADR listing ever, overtaking Alibaba's $25B raised during its 2014 IPO. They have ~60% of the HBM market share and trade at a marke
@businessinsiderMemory chipmaker SK Hynix is planning a blockbuster Nasdaq listing worth $29.4 billion.
@wallstengineSK Hynix shares jumped 13% to fresh highs after announcing plans for a $29B U.S. listing and following strong Micron earnings.
@businessSK Hynix's push for a US listing is spurring talk of another prize for shareholders: a potentially higher market value that may narrow its gap with rival Micron
@businessSK Hynix’s planned US listing has arbitrage investors dissecting securities filings
@thetranscript_RT @TheTranscript_: SK hynix has filed a Form F-1 with the SEC for a Nasdaq listing of American Depositary Shares under the ticker $SKHY, o…