SK Hynix to Raise 40 Trillion Won in ADR Listing, Shares Priced at 2.25 Million Won

Hyperdash NewsEquities

SK Hynix intends to raise 40 trillion won through an American Depositary Receipt (ADR) listing. This figure is a downward revision from the previously announced 43 trillion won. New shares will be issued at 2.25 million won each. The company has set the ADR underwriter commission at 389 billion won.

This ADR listing provides specific financial details for investors. The revised fundraising target and share price offer clarity on the company's capital-raising strategy.

SK Hynix (KR) has traded --0.07% lower on Hyperdash since the news.

SourcesFirst Squawk

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