Overview
- SK hynix, which disclosed the confidential SEC filing Wednesday, aims to list American depositary receipts on a U.S. exchange within 2026.
- The company has not set the size, structure or schedule for the deal and said it will make another disclosure once details are fixed or within six months.
- Media reports citing a person with direct knowledge suggest listing about 2% to 3% of shares, which could raise roughly 10 trillion to 15 trillion won, though the company has not confirmed any amount.
- American depositary receipts are U.S.-traded certificates that represent a foreign company’s shares and they often use existing stock rather than issuing new shares.
- An 11.95 trillion won order for ASML lithography tools signals heavy investment in high‑bandwidth memory capacity, while a Korean investor group opposed any new‑share issuance over dilution concerns.