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Update: SK Hynix Files Confidential Registration Statement for Planned US IPO
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Update: SK Hynix Files Confidential Registration Statement for Planned US IPO
Mar 25, 2026 3:34 AM

06:02 AM EDT, 03/25/2026 (MT Newswires) -- (Updates with details from Bloomberg in the third and fourth paragraphs.)

SK Hynix said Wednesday in a regulatory filing in South Korea that it has submitted a confidential registration statement with the US Securities and Exchange Commission for its planned initial public offering in the US.

The South Korean memory company plans to list its American depositary receipts within 2026 and will share specific details once they are finalized or within six months, according to a Google translation of the filing.

SK Hynix plans to list its American Depositary Receipts in H2, Bloomberg reported Wednesday, citing comments by Chief Executive Kwak Noh-Jung during an annual general meeting.

Kwak said the South Korean chipmaker hopes to boost its value in line with other AI hardware suppliers, Bloomberg reported.

Media outlets reported that the company is looking to raise up to about $10 billion from the US debut.

SK Hynix did not immediately reply to MT Newswires' request for comment.

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