SK Hynix Sets ADR Reference Price at 242,500 KRW/Share (Approx. $158), Slightly Lower than Previous Plan
On July 6, SK Hynix submitted a revised document to the U.S. SEC, setting the reference price for its ADR issuance at 242,500 KRW per share, with the recent exchange rate benchmark at approximately $158.15 per share. The estimated fundraising scale based on this calculation is about 43.14 trillion KRW (approximately $28 billion). This represents a slight decrease from the previous plan. Earlier, the reference price in the F-1 registration document was based on the closing price of 2,555,000 KRW per share on June 23, corresponding to an estimated fundraising scale of about 45.45 trillion KRW (approximately $29 billion).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like

Aspo unit ESL Shipping signs major shipping contract with Stegra
Intuitive wins EU CE mark for da Vinci SP transvaginal gynecologic procedures
Aspo unit ESL Shipping signs transport agreement with Stegra
