Softcen 1st Preferred Shares Face Delisting Risk as Market Cap Stays Below KRW 2 Billion Threshold
Bitget2026/09/29 09:44- Softcen’s 1st preferred shares face potential delisting under KOSDAQ rules due to market capitalization below KRW 2 billion.
- As of Sept. 29, the issue had spent 51 trading days below the threshold since being flagged on July 15.
- No trading days have met or sustained the KRW 2 billion level required to lift the designation.
- If sub-threshold days reach 61, the 30-day compliance test becomes unattainable, triggering delisting procedures.
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