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STOCKS | SK Hynix Files for Nasdaq ADR Offering Seeking About $29.4 Billion

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2026-07-02 11:48:23
SK Hynix has submitted an F-1 registration statement for a Nasdaq American depositary receipt (ADR) offering that aims to raise approximately $29.4 billion, with trading expected to begin on July 10.

According to NS3.AI, the company plans to use the proceeds to expand domestic production capacity in South Korea.

The filing outlines the intended use of funds for capacity expansion, while providing a timeline for the ADR’s anticipated market debut.
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