➀ Kioxia has set a valuation target of $4.9 billion to $5.5 billion for its upcoming IPO. The company had previously aimed for a valuation of $10.3 billion but reduced it due to investor sentiment. ➁ Kioxia's history includes significant buyout offers from Foxconn and a Bain-led consortium. The Bain consortium and Toshiba currently own majority stakes. ➂ Kioxia holds a 13.8% share of the NAND market and aims to use the IPO to raise capital for investment.