SK Hynix Withdraws Solidigm US IPO Plan and Ends Pre-IPO Financing
SK Hynix withdrew its roadmap to list Solidigm on a US exchange and terminated a pre-IPO financing initiative, according to a regulatory filing.
SK Hynix Inc. (SKHY) has formally abandoned plans to list its flash-memory unit, Solidigm, on a US stock exchange. The company also ended the pre-IPO financing effort that had been arranged in connection with the offering, according to a regulatory filing.