Seoul Food Industrial preferred shares face delisting risk as market cap stays below 2 billion won threshold

Bitget2026/09/28 08:55

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KRX warned Seoul Food Industrial’s Series 1 preferred shares face delisting risk for failing the market-cap threshold.
The preferred issue entered watchlist status on July 14 due to 30 straight trading days below KRW 2 billion.
As of Sept. 28, it has spent 50 trading days below KRW 2 billion, with zero qualifying days above the threshold.
Delisting procedures are expected if sub-KRW 2 billion days reach 61, making compliance mathematically impossible.
The notice applies only to the Series 1 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. Seoul Food Industrial 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: 20260928800678), on September 28, 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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Seoul Food Industrial preferred shares face delisting risk as market cap stays below 2 billion won threshold

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