SK Hynix Nasdaq IPO Underwriters Could Earn More Than $140 Million in Fees

Investment banks working on SK Hynix's planned U.S. listing could earn more than $100 million in commissions, as the South Korean chipmaker with a market value above $1 trillion prepares to list on Nasdaq, 36Kr reported. Two people familiar with the deal said underwriters including Goldman Sachs and Citigroup could share a total fee pool exceeding $140 million. The fees are expected to include a base underwriting fee equal to 0.5% of the total funds raised, plus a separate performance-based incentive bonus paid by SK Hynix, the sources said.