SK Hynix's Solidigm Selects Investment Banks for US IPO Next Year

Solidigm has selected lead investment banks, including Goldman Sachs and Morgan Stanley, for its US initial public offering next year. The IPO is expected to raise approximately $10 billion, with a potential listing as early as 2027 and a post-money valuation of up to $100 billion. JPMorgan Chase, Citigroup, and UBS have also joined the underwriting team. Preparations are ongoing, and further details remain subject to adjustment. (Caishengshe)