SK hynix finalizes ADR-linked rights offering conditions: raises 40 trillion won, diluting existing shareholders by 2.5%
SK hynix filed a securities issuance condition confirmation report with the Financial Supervisory Service on July 10, 2026, finalizing the terms of its ADR-linked third-party allotment rights offering of up to 45.5 trillion won.
The final subscription price is set at 2,249,751 KRW per share, raising a total of approximately 40.0 trillion won. This was calculated based on the ADR offering price of USD 149.00 and an exchange rate of 1,509.90 KRW/USD.
A total of 17,790,000 new shares will be issued, diluting existing shareholders by approximately 2.5%. All proceeds will be used for facility investments including the Yongin semiconductor cluster and Cheongju packaging fab construction.
The ADR will be listed on the Nasdaq market, with subscription and payment scheduled for July 14, 2026. The underwriting syndicate includes top global investment banks such as BofA, Citigroup, Goldman Sachs, and J.P. Morgan.
[AI Summary]SK hynix has finalized the terms of its ADR-linked rights offering, securing approximately 40.0 trillion won in funding. While the 2.5% dilution poses a short-term burden, the capital will be deployed to expand AI semiconductor production capacity, reinforcing long-term growth. The involvement of leading global underwriters enhances the transaction's credibility.
KOSPI Filing Information
[Confirmation of Issuance Terms] Securities Registration Statement (Equity Securities)