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

Bitget2026/10/06 08:19

KRX flagged Seoul Food Industrial’s 1 preferred shares for potential delisting due to market capitalization below KRW 2 billion. Preferred shares entered watchlist status on July 14 following 30 straight trading days below the threshold. As of Oct. 6, the preferred shares have spent 55 days below KRW 2 billion with zero days meeting recovery conditions. Delisting procedures are expected if sub-KRW 2 billion days reach 61, making the 30-day recovery requirement unattainable. Notice applies only to the 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: 20261006800603), on October 06, 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.