Sandisk to buy about $1.0 billion of Nanya shares in private placement, plus DRAM supply deal
Sandisk's subsidiary agreed to buy roughly 139 million shares of Taiwan-listed Nanya Technology for about $1.0 billion, a stake of approximately 3.9% on a fully diluted basis, at a 15% discount to Nanya's 30-day average trading price. The companies also signed a multi-year strategic arrangement under which Nanya will supply Sandisk with DRAM products, which the company says supports its long-term DRAM sourcing strategy.
Key points
- Purchase of about 139 million Nanya shares for an aggregate of about $1.0 billion, roughly 3.9% of Nanya's fully diluted common stock
- Purchase price reflects a 15% discount to Nanya's 30-day average trading price
- Shares carry a three-year statutory lock-up after delivery; the deal requires post-closing filings with Taiwan regulators
- Concurrent multi-year agreement with Nanya to supply DRAM products to Sandisk
The filing
Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 25, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.