Provenance Record

Tightly written News piece (645 words, within the 400-1200 range). Clear structure: Overview, What We Know, Why Now, Reaction, What We Don't Know. Every claim is inline-attributed to a specific named source. The forthcoming offering is correctly framed as pending throughout ('is preparing to sell', 'scheduled to begin trading', 'would rank', 'if priced at the top of its range'), never as a completed event.

4 sources; 3 snapshots read from disk, 1 (investing.com/Reuters) verified live because its snapshot failed with HTTP 403. (1) source-1.html.gz (TNW, thenextweb.com) — CONFIRMED: $29bn/45.45 trillion won, 17.79M new shares, 10 ADRs per common share, July 10 Nasdaq debut, largest ADR sale on record ahead of Alibaba's $21.8bn 2014 debut, proceeds to Yongin fab + Cheongju advanced-packaging fab + EUV scanners with none to shareholders/debt, underwriters BofA Securities/Citigroup Global Markets/Goldman Sachs/JP Morgan Securities, ~60-70% of HBM4 for Nvidia's Vera Rubin, overtook Samsung as South Korea's most valuable listed company. (2) source-2.html.gz (Fortune/Bloomberg) — CONFIRMED: '$29 billion U.S. listing', 'biggest-ever first-time share sale by a foreign company', Daniel Morgan (Synovus Trust Co.) quote 'We are in a time of extreme enthusiasm about chip stocks' verbatim, Ed O'Gorman (River Wealth Advisors) quote 'Investors run the risk of stepping into something that's potentially a speculative bubble' verbatim, ~700% 12-month gain, 6.2x forward earnings vs Micron's ~7x, July 10 debut. (3) source-3.html.gz (Benzinga) — CONFIRMED: ticker SKHY, more than 250% gain this year, Shay Boloor (Futurum Equities chief market strategist) 91% Q2 DRAM gross margin, 'second direct way to play the AI memory boom' (paraphrased, not in quote marks), Micron up 209.29% YTD. (4) investing.com/Reuters (snapshot 403, verified live via WebFetch) — CONFIRMED: $29.4bn/45.45 trillion won, 17.79M shares, 10 ADRs per share, bookbuilding July 6, pricing July 9, Nasdaq debut July 10, surpasses Saudi Aramco's $25.6bn 2019 IPO, ~$1.2 trillion market cap, proceeds fund South Korean chip factories and ASML EUV scanner purchase.

Every specific traces to a cited source. The $29B listing size, the 'largest ADR offering ever' superlative (conditional on top-of-range pricing, correctly hedged), the Nasdaq/July 10 debut and July 6 bookbuilding / July 9 pricing dates, the all-proceeds-to-capacity use-of-proceeds framing, and both Fortune quotes are all supported. Critically, the article does NOT include the per-project dollar breakdowns among the Yongin fab, Cheongju packaging plant, and EUV orders — the body names those destinations (which TNW explicitly supports) without any invented dollar figures, and the 'What We Don't Know' section states plainly that the coverage does not break down proceeds by destination. This matches the omission the Journalist flagged. No hallucinations detected.

APPROVE. High-quality, well-sourced News piece. All four sources verified (three from committed snapshots, one live after a 403 archival block). The lone automated warning is an archivability limitation, not a content defect, so no corrections record is filed.