SK Hynix to Launch U.S. Listing, Raising $28 Billion - Chip

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SK Hynix to Launch U.S. Listing, Raising $28 Billion

2 day ago / Read about 0 minute

Author：小编

South Korean chipmaker SK Hynix is set to launch a U.S. listing plan worth approximately $28 billion, issuing 17.79 million new shares on Nasdaq, with the potential to rank among the world's highest-valued tech companies. In this listing, every 10 ADRs will represent one ordinary share, with the final pricing to be determined on Thursday and the shares officially starting trading on Friday.

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