SK hynix Reports 9.1% Stake in Penguin Solutions, Gains Board Nomination Rights
SK hynix reported a 9.1% beneficial stake through preferred shares convertible into 6,096,103 common shares. SHIFTIX1 LLC bought the preferred shares on October 29, 2026, for $377.2 million.
SK hynix Secures Board Nomination Rights at Penguin Solutions with 9.1% StakeSK hynix Inc. reported a 9.1% beneficial stake in Penguin Solutions, Inc. through preferred shares convertible into 6,096,103 common shares. SHIFTIX1 LLC bought the preferred shares on October 29, 2026, for $377.2 million…