The South Korean chipmaker will offer ADSs representing 17.79M common shares in its U.S. market debut.
SK Hynix has filed to offer 177.9 million American Depositary Shares (ADS) in its U.S. initial public offering. Each ADS corresponds to one-tenth of a common share, valuing the offering at a fraction of the company’s total equity.
The IPO follows regulatory submissions detailing the share structure, with a par value of W5,000 per common share. SK Hynix, based in Icheon, aims to expand its investor base through the U.S. listing.
No pricing or timeline for the offering has been disclosed in the filing.