SK Hynix Accelerates Nasdaq Listing with Up to 45.5 Trillion Won ADR Offering... Spurs Investment in Next-Generation Semiconductor Facilities
SK Hynix is embarking on a large-scale fundraising effort for its listing on the U.S. Nasdaq. The company plans to raise up to 45.5 trillion won through an Amer

SK Hynix is embarking on a large-scale fundraising effort for its listing on the U.S. Nasdaq. The company plans to raise up to 45.5 trillion won through an American Depositary Receipt (ADR) offering and rights issue to invest in next-generation semiconductor facilities, including the Yongin Semiconductor Cluster.
Board Resolution and ADR Issuance Plan SK Hynix announced in a regulatory filing on the 24th that it held a board meeting and decided on a third-party allotment rights issue to issue up to 17.79 million shares of common stock. Based on the closing price on the day prior to the board resolution, the expected amount to be raised is approximately 45.4534 trillion won.
The company plans to issue ADRs backed by the newly issued shares and list them on the Nasdaq Global Select Market on July 10, 2026. The maximum ADR issuance size is 177.9 million shares (in ADR terms), structured so that 10 ADR shares are issued per one underlying share (0.1 underlying shares per one ADR).
However, the expected fundraising amount and offering price are reference figures only, and the final size and price will be determined based on the results of the upcoming book-building process targeting overseas institutional investors.
- *How Will the 45.5 Trillion Won Be Used?**
- All funds raised will be allocated to semiconductor facility investments. The main investment targets and detailed amounts are as follows.
- Construction of Yongin Semiconductor Cluster Fab 1: 31.196 trillion won
- Construction and equipment investment for Cheongju P&T7 Advanced Packaging Fab: 19 trillion won
- Acquisition of EUV (Extreme Ultraviolet) scanners for next-generation processes: Approximately 11.9497 trillion won
However, the funds raised through this ADR offering represent only a portion of the total investment, and the remaining required capital will be covered through internal operating cash flows and borrowing.
Remaining Variables and Future Schedule The company explained that this filing is the finalized version of the regulatory filing response announced in March regarding its pursuit of a U.S. stock market listing. Additionally, as the number of new shares to be issued, the issue price, the ADR offering size, and the listing schedule may change depending on the results of the book-building process, the company plans to provide the final confirmed details through a subsequent correction filing.
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