INDUSTRY

SK hynix sets $26.5b ADR offering, largest-ever US IPO by foreign firm

by
Lee Jeong-wan
Published : July 10, 2026 - 08:01:46
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Bloomberg reported Thursday that SK hynix's American depositary receipt offering price was set at $149 per share. [Yonhap]
Bloomberg reported Thursday that SK hynix's American depositary receipt offering price was set at $149 per share. [Yonhap]

SK hynix confirmed its American depositary receipt offering price at $149 per share, the company disclosed. The offering raises $26.5 billion, or about 40 trillion won.

The deal marks the largest initial public offering by a foreign company in US history, surpassing Alibaba's previous record of $25 billion.

SK hynix is scheduled to list on the Nasdaq Global Select Market on Friday.


jeongwan@heraldcorp.com
This content was produced with the assistance of AI translation services.

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