SK Hynix sets a $29 billion US listing that could top every ADR deal ever done

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SK Hynix has filed a regulatory disclosure to raise up to 45.45 trillion won, approximately $29 billion, via a listing of American depositary receipts on Nasdaq. The South Korean memory maker intends to issue 17.79 million new shares to support this move. The company has tentatively scheduled the debut for July 10, with some reports indicating the Nasdaq ADR listing is planned for 2026, potentially marking the largest ADR deal in history.
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