The schedule for the Nasdaq listing of SK Hynix's American Depositary Receipts (ADRs) has been tentatively set for October 10th.
SK Hynix announced on the 24th that it plans to issue up to 45.45 trillion won worth of depositary receipts (DRs) for listing on the Nasdaq Stock Market.
The company explained that the funds raised through this process will be used for construction and facility investment in the first phase fab of the Yongin semiconductor cluster, the P&T7 advanced packaging fab in Cheongju, and machinery.
The exact amount will be determined later based on demand forecasts for the total ADR offering.
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https://n.news.naver.com/article/001/0016157088?sid=101
