South Korean Regulators Say Solidigm U.S. Listing May Breach Rules

Photo: TokenPost
A proposed U.S. listing by Solidigm, SK hynix’s U.S. subsidiary, may violate South Korean dual-listing rules, Financial Supervisory Service Gov. Lee Chan-jin said. Separately, Lee said South Korean regulators are studying whether a U.S. IPO by Solidigm would require review under domestic law. Lee made the remarks in response to a question about protecting SK hynix minority shareholders if Solidigm lists. Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost







