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Sandisk Technologies invests $1 billion in Nana Technology via private placement

April 2026

Client(s) Sandisk Corporation

Jones Day advised Sandisk Technologies, Inc., a wholly-owned subsidiary of Sandisk Corporation, in its $1 billion investment in Nanya Technology Corporation ("NTC") via private placement. Sandisk acquired approximately 139 million shares of Nanya Technology at NT $223.9 per share.

The proceeds will be used to invest in NTC's factory facilities and production equipment for advanced memory manufacturing to address the surge in computational demand driven by next-generation AI.

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