Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
SK Square’s subsidiary SK Hynix filed a corrected disclosure updating the estimated reference figures for its American Depositary Receipt (ADR) offering total (approx. KRW 43.14T) based on the updated stock closing price (KRW 2,425,000 on July 3, 2026) following revisions to its US SEC Form F-1.
📊 [Summary of Key Disclosure Facts & Figures]
1. Correction Overview
- Target Disclosure Document: Decision on Issuance of Depositary Receipts
- Original Filing Date: 2026-06-24
- Correction Date: 2026-07-06
- Reason for Correction: Revisions reflecting updated reference stock price following US SEC Form F-1 amendments
2. Key Corrected Items (Based on Reference Price)
- Total DR Offering Amount (KRW):
- Before Correction: KRW 45,453,450,000,000 (based on June 23 closing price of KRW 2,555,000)
- After Correction: KRW 43,140,750,000,000 (based on July 3 closing price of KRW 2,425,000)
- Issue Price per Underlying Common Share (Reference):
- Before Correction: KRW 2,555,000
- After Correction: KRW 2,425,000
- Issue Price per 1 DR (Reference):
- Before Correction: KRW 255,500
- After Correction: KRW 242,500
- Facility Capital (Estimated Reference):
- Before Correction: KRW 45,453,450,000,000
- After Correction: KRW 43,140,750,000,000
3. Key Terms of DR Issuance
- Type of DR Issuance: New Share DR (ADR issued based on new common shares via third-party allotment)
- Maximum Issuance Limit: Common Stock 17,790,000 shares
- Conversion Ratio per DR: 0.1 Share (10 ADRs = 1 Common Share)
- Capital Purpose: Total Facility Capital (Yongin Semiconductor Cluster Phase 1 Fab, Cheongju P&T7 Advanced Packaging Fab, EUV Scanners acquisition, etc.)
- Tentative Schedule (To be finalized post-bookbuilding):
- Subscription & Payment Date: 2026-07-14 (Tentative)
- Foreign Exchange: NASDAQ Stock Market (Nasdaq Global Select Market)
- Foreign Listing Date: 2026-07-10 (Tentative)
- Scheduled Domestic Listing Date of Underlying New Shares: 2026-07-29 (KOSPI Market)
- Key Institutions Involved:
- Lead Managers: BofA Securities, Citigroup Global Markets, Goldman Sachs, J.P. Morgan
- Depositary / Custodian: Citibank, N.A. / Korea Securities Depository
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Final Terms Following Bookbuilding Completion
This corrected disclosure updates reference estimates based on the latest closing stock price prior to bookbuilding. As the total offering amount and issue price in this disclosure are non-binding estimates, reviewing the finalized terms and offering price to be announced after the foreign institutional bookbuilding process is relevant. Finalized terms can be verified through subsequent amended registration statements and official disclosures.
📢 Disclaimer & Source Information
Source: This content was newly structured and generated based on official submission data from the Financial Supervisory Service’s Data Analysis, Retrieval and Transfer System (DART).
Investment Disclaimer: This content is provided solely for informational and linguistic reference purposes. Under no circumstances does it constitute financial advice or a recommendation to buy or sell any security. All investment decisions and financial liabilities rest entirely with the individual investor.
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