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SKHY News

Renaissance Capital’s July IPO Market Update

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Eight IPOs raised a combined $29.3 billion in July, joined by three direct listings. New listings raised more than six times July’s 10-year historical average ($4.7B), driven almost entirely by Korea-listed SK hynix (SKHY), which raised $26.5 billion in ...read more

IPO Winners & Losers: SK hynix, Mega IPOs, and Hidden Volatility

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Welcome back to Renaissance Capital’s IPO Winners and Losers, the weekly podcast breaking down the biggest stories shaping the IPO market. Click here to get the newsletter in your inbox every week.

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US IPO Weekly Recap: SK hynix raises more than $26 billion in its US IPO and trades up 13%

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Just one IPO priced this past week, joined by a handful of SPACs. Korea-listed SK hynix (SKHY) raised $26.5 billion at a $1.1 trillion market cap in its US cross-listing. SK hynix is one of the world's largest memory semiconductor companies, ranking first or ...read more

SK hynix prices US IPO at $149, a 3% premium to Korean close

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SK hynix, a leading South Korea-based DRAM and flash memory chip maker, raised $26.5 billion by offering 177.9 million shares at $149, a 3% premium to today's as-converted close on the KRX KOSPI. Cornerstone investors Baillie Gifford, Coatue Management,...read more