Amkor Technology Finalizes $1.15 Billion Convertible Senior Notes Offering at Premium, Mitigating Dilution
AMKR has more than doubled off its 52-week low of $17.18.
Summary
Amkor Technology completed its $1.15 billion convertible senior notes offering, including the full exercise of the over-allotment option, with a premium conversion price and capped call protection to limit dilution.
Key Events · Financing and Capital Events · AMKR
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Finalized Convertible Notes Offering
Issued $1.15 billion aggregate principal amount of 0.00% Convertible Senior Notes due 2031, including the full exercise of the initial purchasers' option for an additional $150 million. This follows the pricing finalization announced on May 1, 2026.
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Premium Conversion Price
The notes have an initial conversion price of approximately $106.37 per share, representing a substantial premium over the current stock price of $77.43, signaling strong market confidence in future stock appreciation.
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Dilution Protection via Capped Calls
Entered into capped call transactions for approximately $56.4 million, designed to reduce potential stock dilution and/or offset cash payments upon conversion up to a cap price of $139.50 per share.
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Strategic Capital Raise
This significant financing event provides substantial capital for general corporate purposes, further strengthening the company's financial position following exceptional Q1 2026 financial performance.
Analysis · AMKR · Manufacturing
This 8-K finalizes the previously announced convertible senior notes offering, confirming the issuance of $1.15 billion in 0.00% notes due 2031, including the full exercise of the initial purchasers' option for an additional $150 million. The notes feature an initial conversion price of approximately $106.37 per share, a significant premium to the current stock price, indicating strong investor confidence. The company also entered into capped call transactions for approximately $56.4 million, which are designed to reduce potential dilution to common stockholders and/or offset cash payments upon conversion up to a cap price of $139.50 per share. This substantial capital raise, priced at a premium and with dilution protection, strengthens the company's financial position following exceptional Q1 2026 results.
How filings like this one have moved
In the 30 days to Oct 19, 2026, 37.9% of the 895 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.87%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, AMKR was trading at $77.43 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $19B. The 52-week trading range was $17.18 to $79.23. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.