Sandisk to Invest $1.0 Billion in Nanya and Launch Multi-Year DRAM Supply Deal
Sandisk announced two related agreements with Nanya: a $1.0 billion strategic equity investment via a private placement and a concurrent multi-year DRAM supply arrangement. The investment covers about 139 million shares at a 15% discount to Nanya’s 30-day average price, representing roughly 3.9% ownership post-transaction and includes a three-year lock-up. The supply pact is intended to bolster Sandisk’s long-term DRAM sourcing and deepen the companies’ strategic collaboration. The private placement is subject to post-closing filings with Taiwanese authorities.
Agreement 1: Sandisk Makes $1.0 Billion Strategic Equity Investment in Nanya
- Agreement type: Private placement subscription agreement for strategic equity investment
- Counterparty: Nanya Technology
- Signed / Effective: Mar 25 2026 / same
- Reason: Deepen strategic ties and support DRAM sourcing
Agreement 2: Sandisk and Nanya Enter Multi-Year DRAM Supply Arrangement
- Agreement type: Multi-year strategic supply arrangement for DRAM products
- Counterparty: Nanya Technology
- Signed / Effective: Mar 25 2026 / same
- Duration / Termination: Multi-year
- Reason: Support long-term DRAM sourcing strategy
Original SEC Filing: Sandisk Corp [ SNDK ] - 8-K - Mar. 25, 2026