SK Hynix Sells Remaining Stake in Kioxia in June Through SPC 1
SK Hynix completed the sale of its remaining equity interest in Kioxia in June 2026 through SPC 1, a filing showed.
The vehicle was established in 2018 as part of a strategic investment alongside Bain Capital in the memory chip maker. SK Hynix retains holdings in a parallel entity, SPC 2, which holds convertible bonds that could translate to an approximately 14% direct stake.
From the sources (3 posts)
@jukan05South Korea’s Meritz Securities estimates that, as part of Bain Capital’s sale of its stake in Kioxia, SK hynix’s stake in SPC1—through which it had invested alongside Bain—was also disposed of. As a result, Meritz projects SK hynix’s 2Q26
@photoncap"SK Hynix Becomes De Facto Second-Largest Kioxia Shareholder"
@firstadopterIt looks like SK Hynix top ticked its Kioxia sale. SK Hynix filing: "In June 2026, SPC 1 completed the sale of all of its remaining equity interest in Kioxia."