SK Hynix Raises $28 Billion In U.S. IPO With Demand Multiple Times Oversubscribed
SK Hynix launched a New York Nasdaq listing to raise $28 billion, with investor orders completely absorbing the ADR shares and driving the offering multiple times oversubscribed.
The transaction represents the largest foreign initial public offering on the U.S. exchange. Shares of the Korean memory chipmaker have surged 260% this year, lifting its market capitalization past $1 trillion. The listing provides direct equity access for U.S. investors and concludes as global semiconductor stocks face wide volatility.
From the sources (24 posts)
@businessSK Hynix’s upcoming $29 billion US listing could be the biggest-ever first-time share sale by a foreign company, but it’s not just about raising cash
@stockmktnewzSK Hynix is going public on the Nasdaq 🇺🇸 this Friday
@reutersSouth Korea's SK Hynix to launch $28 billion US listing to ride global AI wave
@yoolimleenewsRT @business: SK Hynix’s upcoming $29 billion US listing could be the biggest-ever first-time share sale by a foreign company, but it’s not…
@kakashiii111SK Hynix sees the opportunity in a U.S. listing, which is mainly about seeking access to liquidity and funds, especially when it's available. They saw others milking the market, so why not do the same? A free money glitch. But the market d
@reutersbizSouth Korean chipmaker SK Hynix will launch a US listing on July 6 to raise about $28 billion, according to regulatory filings, as it capitalizes on the global artificial intelligence boom with one of the world's largest new share sales. Mo
@reutersSouth Korean chipmaker SK Hynix will launch a US listing on July 6 to raise about $28 billion, according to regulatory filings, as it capitalizes on the global artificial intelligence boom with one of the world's largest new share sales htt
@reutersSouth Korean chipmaker SK Hynix will launch a US listing to raise about $28 billion, according to regulatory filings, as it capitalizes on the global artificial intelligence boom with one of the world's largest new share sales
@reutersbizWATCH: South Korean chipmaker SK Hynix will launch a US listing to raise about $28 billion, according to regulatory filings, as it capitalizes on the global artificial intelligence boom with one of the world's largest new share sales https:
@unusual_whalesSK Hynix is seeking to raise up to $28 billion through its US ADR listing, per Bloomberg.
@mtsliveSITUATION DETECTED: SK Hynix has kicked off its US IPO, seeking to sell $28B worth of ADRs, per Bloomberg. Baillie Gifford, Coatue, and Situational Awareness have indicated interest in buying up to $7B of the offering combined.
@firstsquawkSK Hynix raises $28.07 billion in record share sale on AI demand - BS
@ftHedge fund run by ex-OpenAI researcher bets on SK Hynix’s US IPO
@firstsquawkHedge fund run by ex-OpenAI researcher bets on SK Hynix’s US IPO - FT
@wsjmarketsSouth Korean chip maker SK Hynix’s planned $28 billion U.S. listing will make it easier for American investors to invest in one of the world’s biggest chip companies
@brewmarketsSouth Korean memory chip giant SK Hynix is making its U.S. Nasdaq debut, with an American Depositary Receipts (ADR) listing that's expected to raise roughly $28.1 billion. The move would rank as the second-largest equity share sale on reco
@stocksavvyshayLeopold Aschenbrenner’s hedge fund is already showing interest in the SH Hynix IPO. Situational Awareness Partners and two other firms have indicated interest in buying up to $7B of shares representing ~25% of the $SKHY offering. https://t
@stockmktnewzLeopold Aschenbrenner is looking to invest in the SK Hynix IPO
@polymarketmoneyBREAKING: Leopold Aschenbrenner’s fund is among firms indicating interest in up to $7,000,000,000.00 of SK Hynix IPO shares.
@hedgeyeSK Hynix has surged +260% this year, propelling the company’s market cap above $1 trillion.
@businessSK Hynix’s New York listing, currently on track to be the largest ever by a foreign company in the US, is facing some of the wildest swings seen in global chip stocks in years
@stockmktnewzThe SK Hynix US IPO is reportedly multiple times oversubscribed
@wallstengineSK HYNIX’S U.S. IPO IS REPORTEDLY MULTIPLE TIMES OVERSUBSCRIBED.
@financialjuiceSK Hynix US listing is said to be multiple times oversubscribed.