CJ Seafood preferred shares face delisting risk as market cap stays below KRW 2 billion threshold

Bitget2026/10/01 10:20

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CJ Seafood’s CJ Seafood1 preferred shares face potential delisting from KRX over failure to meet market-cap requirements.
Preferred shares were designated an “issue for administration” on July 20 due to 30 straight trading days below KRW 2 billion market cap.
As of Oct. 1 close, market cap stayed below KRW 2 billion for 50 days since designation.
Delisting procedures are set to start if sub-KRW 2 billion days reach 61, making compliance mathematically impossible.
Notice applies only to the preferred shares, not the common stock.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CJ Seafood Corporation published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261001800721), on October 01, 2026, and is solely responsible for the information contained therein.

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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CJ Seafood preferred shares face delisting risk as market cap stays below KRW 2 billion threshold

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