Softcen preferred shares face delisting risk as market cap stays below 2 billion won threshold
Bitget2026/10/07 10:00Softcen 1 preferred shares face potential delisting under KOSDAQ rules due to a market capitalization below KRW 2 billion. The shares were flagged on July 15 for failing the threshold for 30 consecutive trading days, adding a management-issue designation trigger. As of Oct. 7, the shares had spent 56 trading days below KRW 2 billion, with zero days meeting the threshold. If the below-threshold streak reaches 61 trading days, the 30-day recovery requirement becomes unattainable, triggering delisting procedures. 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. Softcen Co. Ltd. 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: 20261007900657), on October 07, 2026, and is solely responsible for the information contained therein.
- Softcen 1 preferred shares face potential delisting under KOSDAQ rules due to a market capitalization below KRW 2 billion.
- The shares were flagged on July 15 for failing the threshold for 30 consecutive trading days, adding a management-issue designation trigger.
- As of Oct. 7, the shares had spent 56 trading days below KRW 2 billion, with zero days meeting the threshold.
- If the below-threshold streak reaches 61 trading days, the 30-day recovery requirement becomes unattainable, triggering delisting procedures.
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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