Softcen 1st Preferred Shares Face Delisting Risk as Market Cap Stays Below KRW 2 Billion Threshold
Bitget2026/09/29 09:44Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- 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.
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: 20260929900955), on September 29, 2026, and is solely responsible for the information contained therein.
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