Corporate ActionJul 15, 2026, 06:12 AM
SK hynix Completes $26.5B Capital Increase via Third-Party Allotment
AI Summary
SK hynix Inc. announced the completion of a paid-in capital increase through a third-party allotment. The company issued 17,790,000 new common shares, resulting in an actual issuance amount of 39,890,534,790,000 Won. These shares were allotted to Citibank, N.A. to back American Depositary Receipts (ADRs) for overseas investors, corresponding to a total ADR offering amount of $26,507,100,000. The transaction closed on July 14, 2026.
Key Highlights
- Issued 17,790,000 new common shares through a third-party allotment.
- Actual issuance amount was 39,890,534,790,000 Won.
- Total ADR offering amount was $26,507,100,000.
- Shares were issued to Citibank, N.A. to serve as basis for ADRs.
- Closing date for the issuance was July 14, 2026.
Price Impact