Foreign media: SK Hynix ADR indicative price set at USD 149, representing a 3.1% premium over its closing price on the Korean stock exchange.
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
SK Hynix is set to list on the Nasdaq, with its american depositary receipt (adr) indicative price reportedly at $149, a 3.1% premium over its closing price on the Korean stock exchange. The listing is expected to raise around $28-29 billion, although the exact date and details of the offering are not consistent across reports. The company's US listing is anticipated to occur soon, potentially as early as this week.
Full coverage
12345678