SK Hynix Files F-1 With SEC to Begin U.S. IPO Process

SK Hynix has filed an F-1 registration statement with the U.S. Securities and Exchange Commission, initiating its U.S. initial public offering process on June 30. According to ChainCatcher, citing Jiemian News, the company plans to issue American depositary shares and apply to list on the Nasdaq Global Select Market under the ticker “SKHY.” The prospectus did not disclose the offering size, pricing, or the ratio of ADSs to ordinary shares. It said key terms will be determined based on the company’s share price on South Korea’s KOSPI market and broader market conditions. SK Hynix said it will remain listed in South Korea after completing the U.S. listing.