SK hynix subsidiary Solidigm selects US listing underwriters... aiming to raise 10 trillion won

‌On the 8th, Bloomberg reported, citing multiple sources, that Solidigm has selected Goldman Sachs and Morgan Stanley as lead underwriters for its US stock market listing. JPMorgan Chase, Citigroup, and UBS are also reported to have joined the underwriting syndicate.
The selection of these underwriters is noteworthy as it indicates that Solidigm's preparations for listing are becoming more concrete. Solidigm is also reportedly working with Goldman Sachs and Morgan Stanley to finalize pre-IPO investment rounds. This is interpreted as preparatory work to fully launch the listing process in the future.
According to Bloomberg, Solidigm's public offering could reach approximately $10 billion. Previously, observations were raised that Solidigm could list on the US stock market as early as 2027, with a corporate valuation reaching up to $100 billion (approx. 136 trillion won). However, specific terms such as the listing schedule and offering size have not been finalized and may vary depending on market conditions and investor demand.
"SK hynix subsidiary Solidigm selects US listing underwriters... aiming to raise 10 trillion won" iNews24 Goldman Sachs and Morgan Stanley as lead underwriters... JPMorgan and three others join. Solidigm, a grandchild company of SK hynix, has reportedly selected underwriters for its US stock market listing. Observations suggest it could raise approximately $10 billion (approx. 13.6 trillion won) through an initial public offering (IPO) as early as next year. On the 8th, Bloomberg reported, citing multiple sources, that Solidigm and Morgan S...
And this is less than a month since they disclosed that nothing has been finalized.