SK hynix Inc. has submitted a registration statement to the U.S. Securities and Exchange Commission seeking to offer American Depositary Shares on the Nasdaq Global Select Market, with the company indicating it would use the ticker symbol "SKHY."
According to the filing, each ADS will correspond to a fractional interest in a SK hynix common share. The company’s ordinary shares remain listed on the KRX KOSPI Market of the Korea Exchange under the identification code "000660."
The filing includes the company’s principal executive office address at 2091, Gyeongchung-daero, Bubal-eup, Icheon-si, Gyeonggi-do, Korea. For U.S. service of process, the registration names SK hynix America Inc., based in San Jose, California, as the agent for service in the United States.
Final pricing for the ADSs will be set through discussions between SK hynix and the underwriters. The prospectus states that the offering price will reflect the last reported trading price of the common shares before pricing of the ADSs, together with current market conditions and additional factors determined by the company and its underwriters.
Bank of America Securities, Citigroup, Goldman Sachs and J.P. Morgan are listed in the preliminary prospectus as global coordinators for the offering. The prospectus is marked as preliminary, subject to completion and dated 2026.
The registration statement filed with the SEC has not yet become effective. SK hynix has applied for a Nasdaq Global Select Market listing for the ADSs. The filing notes that, prior to this offering, there has been no public market for the company’s American Depositary Shares.
Context and mechanics: The application describes the structural mechanics of the ADS offering rather than final economic terms. It identifies the U.S. agent for service and provides the company’s corporate address in Korea, while identifying the KRX trading code for the underlying common shares.
Next steps: The offering’s progression depends on SEC effectiveness of the registration statement and the completion of pricing negotiations between SK hynix and the designated underwriters.