Friday, 23 October, 2026
Seoul Scrutiny Halts SK Hynix's US IPO Plans for Solidigm
By TechShots Studio
SK Hynix has paused pre-IPO and US listing plans for its American NAND chip unit, Solidigm. The suspension follows warnings from South Korean financial regulators that the move violates domestic dual-listing restrictions designed to protect parent company shareholders from equity dilution. Citing regulatory pushback and market volatility, SK Hynix will seek alternative funding routes to support Solidigm’s growing AI memory business.
Read full story at REUTERS