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Solidigm IPO Faces Regulatory Scrutiny in Korea
South Korean regulators have confirmed that Solidigm, SK hynix's U.S.-based NAND subsidiary, is subject to current dual-listing regulations. Financial Services Commission Chairman Lee Bok-hyun stated on October 22 that the proposed listing triggers obligations for parent companies SK hynix and SK Square under the governance structure. This follows calls from Korean regulators to block the potential Nasdaq listing over concerns about shareholder protections. The Korea Times reports that regulators are facing pressure to intervene, while Yonhap and other outlets quote Lee's remarks to the National Assembly.


















