🚨SK Hynix Launches Historic U.S. Listing SK Hynix sold 177.9 million ADRs at $149 each, raising $26.5 billion in one of the largest U.S. equity offerings ever. The deal is more than 7x oversubscribed, highlighting massive institutional demand for AI semiconductors. Demand reportedly approached $200 billion, with nearly half of the shares allocated to the 10 largest institutional orders. At $26.5 billion, it becomes the largest first-time U.S. share sale by a foreign company, surpassing Alibaba and ranking among the biggest equity offerings in history. The ADRs were priced at a 3% premium to SK Hynix's shares, each ADR represents 1/10th of a common share. The company has launched its ADRs on the Nasdaq under the ticker $SKHYV, with trading set to begin today.