---
title: "SanDisk launches a $3.08 billion secondary market stock issuance"
description: "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 claim"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/276180619.md"
published_at: "2026-02-17T23:11:13.000Z"
---

# SanDisk launches a $3.08 billion secondary market stock issuance

> 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

On February 17th, Sandisk announced the launch of a large-scale secondary market stock issuance, involving an amount as high as $3.08 billion.

The scale of this secondary public offering by Sandisk is $3.08 billion, in the form of common stock. A secondary offering means that the shares are not newly issued by the company, but rather sold by existing shareholders.

According to the announcement, Western Digital will exchange its debt for Sandisk shares, allowing Western Digital to dispose of its claims against Sandisk through equity.

The specific scale of the debt, exchange ratio, and timeline for the completion of the transaction have not yet been disclosed.

Risk Warning and Disclaimer

The market has risks, and investment should be cautious. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial situation, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investment based on this is at one's own risk

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## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| Western Digital to sell $3.17 billion stake in Sandisk | Feb 18 (Reuters) - Flash memory maker Sandiskon Wednesday said that Western Digitalwill sell a stake worth $3.17 billion | [Link](https://longbridge.com/en/news/276201046.md) |
| Wealthfront Advisers LLC Increases Stock Position in Western Digital Corporation $WDC | Wealthfront Advisers LLC increased its stake in Western Digital Corporation (NASDAQ:WDC) by 62.5% in Q3, owning 26,522 s | [Link](https://longbridge.com/en/news/275977452.md) |
| Candriam S.C.A. Purchases 315,207 Shares of Western Digital Corporation $WDC | Candriam S.C.A. significantly increased its stake in Western Digital Corporation (NASDAQ:WDC) by 1,019% in Q3, acquiring | [Link](https://longbridge.com/en/news/275285443.md) |
| Western Digital tilgt 2026 fällige Anleihen vollständig vorzeitig | Western Digital Corporation has announced the full early repayment of its 4.750% Senior Notes due in 2026, with the nece | [Link](https://longbridge.com/en/news/275313023.md) |
| Where will SanDisk stock be in 3 years? | This high-flying chip stock is poised to deliver further gains over the next three years. | [Link](https://longbridge.com/en/news/275955226.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.