Sandisk Goes Public on Nasdaq

<p><strong>MILPITAS<&sol;strong> &&num;8212&semi; Sandisk Corporation&comma; a global Flash and advanced memory technology innovator&comma; has completed its separation from Western Digital and is now an independent public company that began trading Monday on the Nasdaq Stock Market under the ticker symbol &OpenCurlyDoubleQuote;SNDK&period;” The company’s leadership team with long-time employees and Board members rang the closing bell at Nasdaq to mark the milestone Monday&period;<&sol;p>&NewLine;<p>Shares were trading around &dollar;48 on Wednesday afternoon&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;We are excited to embark on this new chapter for Sandisk&comma;” said David Goeckeler&comma; Chief Executive Officer of Sandisk&period; &OpenCurlyDoubleQuote;Everything starts with innovation and NAND is an incredible enabler&period; Because we operate in strong and growing markets&comma; there is a tremendous opportunity to expand our role as a globally leading Flash memory innovator&period; The new Sandisk is poised to shape and transform the digital world we live in&comma; and we remain focused on leveraging our strengths to drive long-term growth for our company and shareholders&period;”<&sol;p>&NewLine;<p>Sandisk understands how people and businesses consume data and relentlessly innovates to deliver solutions that enable the next big ideas&period; Building on a long heritage of memory and storage semiconductor expertise&comma; the new Sandisk is well-positioned to serve the market&comma; addressing the new opportunities that AI presents while unlocking the value of its consumer and enterprise portfolios&period;<&sol;p>&NewLine;