Sandisk SNDKAgreement
Sandisk to buy about $1.0 billion of Nanya Technology stock
Filed Mar 25, 2026Original
An 8-K is the report a US listed company files within four business days of a material event.
What the company reported
- On March 25, 2026, a subsidiary agreed to buy about 139 million newly issued Nanya Technology shares.
- The price is about $1.0 billion, roughly 3.9% of Nanya's fully diluted shares, at a 15% discount to the 30-day average price.
- The shares carry a statutory three-year lock-up after delivery.
- The two companies also signed a multi-year arrangement under which Nanya supplies DRAM products.
Items reported
- 1.01 Material agreement
- 8.01 Other events
- 9.01 Exhibits
The company's own filing, put into Korean. The numbers are the filing's.