Solidigm seeks pre-IO financing with a target estimate of 50 trillion won

Citrini analyst Jukan wrote that the Korean media reported that the SK hynix subsidiary Solidigm was seeking pre-IPO financing, possibly in preparation for listing in NASDAQ. It was reported that the company ' s target valuation for the current round of financing was 50 trillion won. Solidigm is an American subsidiary of SK hynix, established in 2021, to undertake Intel's NAND flash and SSD operations, and SK hynix agreed in 2020 to buy the business at about 10 trillion won。