Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
SK Square’s major subsidiary, SK Hynix Inc., resolved to conduct a third-party paid-in capital increase of up to 17,790,000 common shares allocated to a foreign depositary (Citibank, N.A.) to facilitate its public offering of American Depositary Shares (ADRs) and listing on NASDAQ. The estimated facility capital to be raised is approximately KRW 45.45T (reference figure).
📊 [Summary of Key Disclosure Facts & Figures]
1. Overview of New Share Issuance & Capital Increase
- Disclosure Type: Major Management Matter Report (Decision on Paid-in Capital Increase of Subsidiary)
- Subsidiary Name: SK Hynix Inc. (CEO Noh-Jung Kwak)
- Type and Number of New Shares: Common Stock 17,790,000 shares (Maximum limit)
- Par Value per Share: KRW 5,000 (Total issued shares prior to increase: 712,702,365 shares)
- Method of Capital Increase: Third-Party Allotment (Allottee: Foreign Depositary Citibank, N.A.)
2. Purpose of Capital Raising & Estimated Amounts (Reference Basis)
- Capital Purpose: Total Facility Capital
- Facility Capital (Estimated Amount): KRW 45,453,450,000,000 (approx. KRW 45.45T)
- Issue Price per New Share (Reference): KRW 2,555,000 per common share
- Reference Basis: Applied the closing stock price of June 23, 2026 (To be finalized post-bookbuilding)
3. Facility Capital Allocation Plan (Unit: Million KRW)
- Yongin Semiconductor Cluster Phase 1 Fab (Construction): KRW 31,019,600M (2024.08 ~ 2030.12)
- Cheongju P&T7 Advanced Packaging Fab (Construction/Equipment): KRW 19,000,000M (2026.04 ~ 2030.12)
- Machinery Acquisition (EUV Scanners): KRW 11,949,674M (2026.03 ~ 2027.12)
- Note: Raised funds cover a portion of total CAPEX; remaining balances will be funded via operating cash flows, borrowings, and other internal resources.
4. Tentative Schedule & Listing Details
- Payment Date: 2026-07-14 (Tentative)
- Scheduled New Share Delivery Date: 2026-07-15 (Tentative)
- Scheduled New Share Listing Date: 2026-07-29 (KOSPI Market)
- Board Resolution Date: 2026-06-24 (6 Independent Directors attended)
5. Allotment Structure & ADR Mechanism
- The capital increase involves issuing new underlying common shares to a foreign depositary (Citibank, N.A.), based on which ADRs will be issued to international investors.
- Direct public offering or allotment of new shares/ADRs to domestic residents will not occur in Korea.
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Final Issue Price and Amount Post-Bookbuilding
This disclosure notifies the third-party capital increase tied to SK Hynix’s NASDAQ listing and ADR public offering. As the stated issue price per share and total capital amount are non-binding reference estimates calculated prior to bookbuilding, reviewing subsequent amended filings to confirm the finalized issue price, total share count, and confirmed capital raised following foreign institutional bookbuilding is relevant. Specific updates can be verified through upcoming amended registration statements and official follow-up 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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