SanDisk launches a $3.08 billion secondary market stock issuance

Wallstreetcn
2026.02.17 23:11
portai
I'm PortAI, I can summarize articles.

On February 17th, Sandisk announced the launch of a $3.08 billion secondary market stock issuance, involving the sale of shares by existing shareholders. Western Digital will dispose of its debt claims against Sandisk through equity, with specific debt scale and transaction details yet to be disclosed. Investment should be approached with caution, and this article does not constitute personal investment advice