SK Hynix Raises $28.1 Billion in US Nasdaq Debut
SK Hynix, the South Korean memory chip maker, launched its initial public offering on Nasdaq on July 6, with a US American Depositary Receipts (ADR) listing set to raise approximately $28.1 billion. The offering kicked off the equity sale, which market data showed raised roughly $28.07 billion by the close, positioning it as the second-largest equity share sale on record.
The listing attracted heavy anchor demand, with Baillie Gifford, Coatue, and Situational Awareness Partners indicating interest in purchasing up to $7 billion of shares. ADR listings allow foreign companies to trade on American exchanges, providing US investors direct access to one of the world's largest semiconductor manufacturers. The move capitalizes on sustained demand for memory chips used in AI infrastructure and follows preliminary discussions of a 0.5% payout to banks working on the deal.
From the sources (22 posts)
@businessSK Hynix is considering paying about 0.5% of the proceeds from its US listing — one of the largest share sales ever — to banks working on the deal, sources say
@reutersSK Hynix considering 0.5% fee payout in ADR offering, Bloomberg News reports
@yoolimleenewsRT @business: SK Hynix is considering paying about 0.5% of the proceeds from its US listing — one of the largest share sales ever — to bank…
@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.