SK hynix secures 37trillion won and lists its Nasdaq ADR today
SK hynix has 2026 listed its American Depositary Receipts (ADRs) on Nasdaq in the United States. The offering price is 7 per share, and total funds held were tallied at 10 dollars, making it possible to secure funds for expansion. Domestic shares rose 149% early in the session before moving into a flat range during the morning.37This 5.03%
Get free SK하이닉스 email updates.
Bullstory sends one daily email when new analysis or important company news is available.
SK hynix listed its American Depositary Receipts (ADRs) on Nasdaq in the United States, securing funds totaling 2026 in 7 on 10 and amounting to 37 trillion won. The funds are expected to be used for expansion, as disclosed by the company.
The new shares offered were allocated at 149 dollars per share, and the ADRs were officially listed on Nasdaq that day. The company said it would use the funds secured to pursue plans to expand semiconductor production capacity.
In the domestic stock market, SK hynix surged as much as 5.03% early in the session and opened at 229 million 6 thousand won. The gain later narrowed, and at around 9 a.m. 50 minutes, it was trading at 0.18% above the previous session at 219 ten thousand won.
Early in the session, it once230broke above the ten-thousand-won mark. During the session, investors continued to take a wait-and-see approach to the ADR listing event.
The company’s disclosures focused on the amount of funds secured and its expansion plans. The specific timing of investment execution and the allocation of funds by project will be disclosed through additional filings.
This listing involves both improved access for overseas investors through the Nasdaq listing and increased capacity for facility investment due to the securing of a large amount of cash. Related disclosures can be reviewed through the company’s electronic filings and exchange disclosures.