Fact Source: Financial Supervisory Service DART
Market: KOSPI (000660)
💡 3-Second Summary
SK hynix’s U.S. subsidiary (SK hynix NAND Product Solutions Corp.) has issued a correction disclosure regarding its USD 10B (KRW 14.428T) rights offering, updating key schedule dates including the subscription start date and record date due to a change in the contract execution date.
📊 [Key Disclosure Content & Key Figures Summary]
- Correction Details
- Correction Date: 2026-02-13 (Initial Filing Date: 2026-01-28)
- Reason for Correction: Revisions to major schedule dates following changes in the contract execution date
- Key Modifications:
- Record Date for New Share Allocation: Revised from 2030-01-28 to 2030-03-01
- Subscription Start Date for Existing Shareholders: Revised from 2026-01-28 to 2026-03-01
- Subscription End Date, Payment Date, and Certificate Delivery Date: Revised from 2030-01-28 to 2030-03-01
- Target Subsidiary Information
- Company Name: SK hynix NAND Product Solutions Corp. (Representatives: Xin Guo, Jinsoo Kang)
- Main Business: Semiconductor Sales and R&D
- Subsidiary Total Assets: KRW 6,199,002,267,673 (5.2% of parent company’s consolidated total assets of KRW 119,855,208,683,285 as of FY2024 end)
- Details of Rights Offering
- Type and Number of New Shares: 10,000,000,000 common shares
- Par Value Per Share: KRW 1,442.80 (USD 1, converted at 1,442.8 KRW/USD)
- Total Outstanding Shares Before Rights Offering: 1,693,653,240 common shares
- Purpose of Funding: Acquisition of securities of another corporation KRW 14,428,000,000,000 (USD 10B)
- Method of Rights Offering: Shareholder-allocated rights offering (100% to parent company)
- Issuance Price & Schedule
- Confirmed Issuance Price: KRW 1,442.80 per common share (USD 1)
- Subscription Period: Start Date (Contract execution date) 2026-03-01 ~ End Date (Final limit date) 2030-03-01
- Payment Date / Certificate Delivery Date: 2030-03-01
- Subsidiary Board Resolution Date: 2026-01-28 (1 Outside Director attended)
- Exemption from Securities Report: Applicable (100% owned unlisted overseas subsidiary)
- Other Matters Significant to Investment Decisions
- Subscription start date reflects contract execution, while the end date represents the final limit date within which capital contributions will proceed based on project progress
- Actual contribution will be executed by the surviving entity following a merger between the subsidiary and a new U.S. entity scheduled to be incorporated
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Commencement of Adjusted Subscription Schedule and Merger Progress
This amendment defers the subscription start date and payment limit timeline to align with the revised contract execution schedule for the subsidiary’s capital increase. Verifying whether contract execution commences on the adjusted subscription date and tracking the progress of the subsequent merger with the U.S. subsidiary is essential for assessing the execution timeline of SK hynix’s overseas corporate restructuring. Further updates and detailed progress can be monitored through subsequent regulatory filings or future periodic reports (Quarterly, Half-Yearly, or Annual Reports).
📢 Disclaimer & Source Notice
Source: This content was newly structured and generated based on official disclosure data from the Financial Supervisory Service’s DART system.
Investment Risk Warning: This material is provided for informational and language reference purposes only. Under no circumstances does it constitute financial advice or a recommendation to buy or sell specific stocks. All investment decisions and financial responsibilities rest solely with the investor.
Contact: For compliance inquiries or copyright requests, please contact ksb220805@gmail.com.
