The post SK Hynix Scraps Solidigm IPO Plans as Stock Plunges 8% appeared first on Coinpedia Fintech News
SK Hynix has abandoned plans to list its U.S. storage-chip subsidiary, Solidigm, on Nasdaq, ending a potential IPO that could have raised around $10 billion. The plan faced opposition from shareholders concerned about ownership dilution and splitting their stake in a business they already own through SK Hynix. The company confirmed that Solidigm would halt …
 The post SK Hynix Scraps Solidigm IPO Plans as Stock Plunges 8% appeared first on Coinpedia Fintech News
SK Hynix has abandoned plans to list its U.S. storage-chip subsidiary, Solidigm, on Nasdaq, ending a potential IPO that could have raised around $10 billion. The plan faced opposition from shareholders concerned about ownership dilution and splitting their stake in a business they already own through SK Hynix. The company confirmed that Solidigm would halt …Â
This articles is written by : Nermeen Nabil Khear Abdelmalak
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