Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
SK Square’s subsidiary SK Hynix filed a correction disclosure confirming the finalized offering terms and total issuance amount (approx. USD 26.51B / KRW 40.02T) for its American Depositary Receipts (ADR) following the completion of bookbuilding.
📊 [Summary of Key Disclosure Facts & Figures]
1. Correction Overview
- Original Filing Date: 2026-06-24
- Correction Date: 2026-07-10
- Reason for Correction: Updating terms following finalization of offering conditions through bookbuilding with foreign institutional investors
2. Finalized Key Terms of DR Issuance (Unit: USD, KRW)
- Type of DR Issuance: New Share DR (ADR issued based on new common shares via third-party allotment)
- Total DR Offering Amount:
- Foreign Currency: USD 26,507,100,000 (approx. USD 26.51B)
- Korean Won: KRW 40,023,070,290,000 (approx. KRW 40.02T)
- Base Exchange Rate: 1,509.90 KRW/USD (Seoul Foreign Exchange Brokerage rate on 2026-07-09)
- Offering Price per DR: USD 149.00
- Issue Price per Underlying Common Share: KRW 2,249,751
- Conversion Ratio per DR: 0.1 Share (10 ADRs = 1 Common Share)
3. Purpose of Capital Raising & Allocation
- Total Facility Capital: KRW 40,023,070,290,000
- Key Allocations:
- Construction investment for Phase 1 Fab at Yongin Semiconductor Cluster
- Construction, equipment, and ancillary expenses for Cheongju P&T7 Advanced Packaging Fab
- Acquisition of machinery including EUV (Extreme Ultraviolet) Scanners and facility investments
4. Offering and Listing Schedule
- Subscription & Payment Date: 2026-07-14
- Foreign Stock Exchange: NASDAQ Stock Market (Nasdaq Global Select Market)
- Foreign Listing Date: 2026-07-10
- Scheduled Domestic Listing Date of Underlying New Shares: 2026-07-29 (KOSPI)
5. Lead Managers and Other Details
- Lead Managers: BofA Securities, Citigroup Global Markets, Goldman Sachs, J.P. Morgan
- Depositary / Custodian: Citibank, N.A. / Korea Securities Depository
- Inquiry Disclosure Note: Replaces and finalizes previous responses regarding US ADR listing reports (last re-disclosure dated 2026-03-25)
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Payment Completion and Domestic New Share Listing
This corrected disclosure reflects the finalized offering terms and issuance amount for SK Hynix’s US NASDAQ ADR offering. Reviewing whether the capital payment is completed on the scheduled date (2026-07-14) and confirming the additional listing of underlying common shares on the KOSPI market scheduled for July 29, 2026, is relevant. Specific updates can be verified through subsequent amended registration statements and official Korea Exchange listing 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).
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