SK Hynix ADR Rights Issue Terms Finalized, SEC Effectiveness and Issue Price of 2,249,751 Won Confirmed
SK Hynix has finalized the terms of its rights issue for the U.S. ADR listing through a correction filing dated July 10, 2026.
The SEC Form F-1 became effective on July 9, and the domestic securities registration statement became effective on July 10.
The issue price was set at 2,249,751 won, a 2.72% premium over the reference price of 2,190,229 won. A total of 17.79 million new shares will be issued, raising approximately 40.02 trillion won for facility investments.
Proceeds will be fully used for facility investments including the Yongin semiconductor cluster Phase 1 fab, Cheongju advanced packaging fab, and EUV scanners.
The payment and subscription date is July 14, the expected share certificate delivery date is July 15, and the new shares are expected to be listed on July 29.
[AI Summary]The finalization of SK Hynix's ADR listing and rights offering terms removes uncertainty. The 2.72% premium over the reference price limits dilution for existing shareholders, and the funds will be deployed into productive capacity expansion. However, the recent decline in the stock price below the issue price may create short-term overhang.
KOSPI Filing Information
[Correction of Description] Report on Major Events (Decision on Paid-in Capital Increase) (Major Management Matters of Subsidiary)