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

Bitget2026/10/12 08:23

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CJ Seafood’s CJ Seafood1 preferred shares face potential delisting from Korea’s main board for failing the minimum market-cap requirement.
The shares were flagged as an “issue for administration” on July 20 after market cap stayed below KRW 2 billion for 30 trading days.
As of Oct. 12, the market cap has remained below KRW 2 billion for 55 straight trading days, with zero qualifying days above the threshold.
If sub-KRW 2 billion days reach 61, the shares can no longer meet the 30-day compliance test, triggering delisting procedures.
The notice applies only to the preferred shares. Common shares are not affected.

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: 20261012800619), on October 12, 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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