Weekly Insider Money Tracking: Amkor Technology announces secondary offering of 10M shares

The selling stockholder, an investment vehicle for members of the Kim family, intends to grant the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of Common Stock. All shares in the offering will be sold by the selling stockholder, with Amkor not receiving any proceeds from the sale of these shares.

Following the sale, members of the Kim family and their affiliates will still hold a majority of Amkor's shares. James J. Kim, the founder and Executive Chairman of the Board of Directors of Amkor, and Susan Y. Kim, the Executive Vice Chairman of the Board, are affiliated with the selling stockholder.

There is no congress trading activity filings for the week.

Despite their influence and extensive access to information, members of Congress can buy and sell stocks with few restrictions. Individual investors could potentially make use of thisalternative data of the latest Senate stock disclosuresto obtainmarket insights.