PhionX flagged for possible KOSDAQ delisting as market cap stays below KRW 20 billion
Bitget2026/09/28 09:24- PhionX shares face potential delisting risk on the KOSDAQ due to a market capitalization shortfall under exchange listing rules.
- The stock was designated as an issue under administration on Aug. 5, 2026, following 30 consecutive trading days below the threshold.
- As of Sept. 28, 2026, it had logged 36 trading days since designation with zero consecutive days at or above KRW 20 billion.
- Delisting risk rises if market cap stays below KRW 20 billion for 10 consecutive trading days, or if remediation becomes impossible.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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