Kim Family Prices Secondary Offering of 10 Million Shares at $48.75
summarizeSummary
Amkor Technology announced the pricing of a secondary offering where the Kim Family, a controlling shareholder, will sell 10 million shares at $48.75 each, generating $487.5 million for the family.
check_boxKey Events
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Secondary Offering Priced
The Kim Family, a controlling shareholder group, priced a secondary offering of 10,000,000 shares of common stock at $48.75 per share, finalizing the terms of the offering initiated on February 12, 2026.
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Significant Share Disposition
The offering, valued at $487.5 million, represents a substantial sale by the selling stockholder, 915 Investments, LP, an investment vehicle for the Kim Family.
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No Proceeds to Company
Amkor Technology, Inc. will not receive any proceeds from the sale of these shares, as it is a secondary offering by a selling stockholder.
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Chairman's Involvement
The selling stockholder is associated with Susan Y. Kim, the Chairman of the Board of Directors, who stated the family remains confident in the company's strategic vision despite the sale.
auto_awesomeAnalysis
This Free Writing Prospectus finalizes the terms and pricing of the secondary offering by the Kim Family, a controlling shareholder group that includes the Chairman of the Board. The sale of 10 million shares, valued at $487.5 million, represents a significant liquidity event for the selling stockholder. While the Kim Family will retain over 49% ownership and expressed confidence in the company, the offering itself is dilutive to existing shareholders and the company receives no proceeds. This transaction, following the initial disclosure on February 12, 2026, could create a short-term overhang on the stock.
At the time of this filing, AMKR was trading at $48.65 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $12.8B. The 52-week trading range was $14.03 to $57.09. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.