BUSINESSQUARTZ
The second-biggest U.S. stock offering ever is on, as SK Hynix starts trading today
SK Hynix's ADR sale is the second-biggest U.S. stock offering ever and the largest by a non-U.S. company, surpassing Alibaba's $25 billion raise in 2014. The South Korean memory chipmaker began trading today.
Related Signal
Adjacent reporting
- South Korean chip giant SK Hynix raises $26.5bn in US share sale
- SK Hynix Nasdaq listing may become the second-largest equity offering ever, trailing only SpaceX’s
- SK Hynix raises $26.5 billion, is the biggest foreign listing in U.S. history in its Nasdaq debut
- SpaceX IPO Draws Billions in Orders
- South Korea’s biggest chipmaker SK Hynix plans to raise $29 billion via Nasdaq listing
- SK Hynix is planning a $29 billion Nasdaq listing that could break the all-time ADR record