According to documents filed with the U.S. Securities and Exchange Commission (SEC), SK Hynix issued 17.79 million American Depositary Shares (ADS) in its initial public offering, with each ADS representing one-tenth of an ordinary share of SK Hynix, with a par value of KRW 5,000 per share. SK Hynix has lowered its fundraising amount from US$29 billion to US$28 billion, with cornerstone investors expressing interest in purchasing up to US$7 billion worth of American Depositary Shares.
