SK Hynix Halts Solidigm’s US IPO Plans Amid Market and Shareholder Concerns.
The South Korean chipmaker has also suspended Solidigm’s pre-IPO fundraising process.
Regulatory scrutiny over Nasdaq’s dual-listing rules added to concerns about protecting existing shareholders.
SK Hynix says Solidigm still needs a new US chip plant and will consider alternatives, including direct investment.
The South Korean chipmaker has also suspended Solidigm’s pre-IPO fundraising process.
Regulatory scrutiny over Nasdaq’s dual-listing rules added to concerns about protecting existing shareholders.
SK Hynix says Solidigm still needs a new US chip plant and will consider alternatives, including direct investment.