SK hynix Finalizes ADR Issuance Terms, $26.5 Billion Nasdaq Listing and Facility Investment Confirmed, Approximately 2.5% Dilution Impact

SK hynix announced on July 10, 2026, the finalization of its ADR issuance terms after bookbuilding with institutional investors, updating its previous disclosure.
The total issuance amount is $26.5071 billion equivalent to approximately KRW 40.02 trillion, with 17.79 million new shares issued, resulting in about 2.5% dilution of existing shares.
The new share issuance price of KRW 2,249,751 per share represents a premium over the recent closing price of KRW 2,076,000, partially offsetting the dilution impact on existing shareholders.
All proceeds will be used for facility investments including the Yongin semiconductor cluster, Cheongju advanced packaging fab, and EUV scanners, expected to enhance production capacity and technological competitiveness.
Lead managers are BofA Securities, Citigroup, Goldman Sachs, and J.P. Morgan, with Citibank as depositary, reflecting top-tier credibility.
[AI Summary]SK hynix has finalized its ADR issuance, confirming approximately KRW 40 trillion in funding and a 2.5% dilution. The premium issuance price mitigates some dilution impact, and proceeds are fully allocated to semiconductor facility investments for long-term growth. While the involvement of top global underwriters ensures high credibility, the large-scale fundraising may introduce short-term stock price volatility and dilution concerns.