SK hynix finalizes terms for ADR rights offering: 2.5% dilution, issue price at 2.72% premium
SK hynix filed a correction disclosure on July 10, 2026, finalizing the terms of its rights offering for ADR listing on Nasdaq.
The final new shares amount to 17,790,000 shares, representing approximately 2.5% of outstanding shares. The issue price is 2,249,751 KRW per share, a 2.72% premium over the base price of 2,190,229 KRW.
Total proceeds are approximately 40.02 trillion KRW, fully allocated to facility investments. The subscription and payment date is July 14, 2026, and the new shares are expected to be listed on July 29, 2026.
The ADR registration statement became effective with the SEC on July 9, 2026, and the domestic securities report became effective on July 10, 2026.
[AI Summary]This correction confirms the definitive terms of the capital increase. The slight reduction in total proceeds from prior estimates and the premium pricing mitigate dilution concerns. The funds will be deployed into semiconductor facility expansions, supporting long-term growth and shareholder value.
KOSPI Filing Information
[Correction of Description] Report on Major Events (Decision on Paid-in Capital Increase)