Jinro Fermentation Signs Liquidity Supply Agreement with Daishin Securities

[Asia Economy Reporter Lee Seon-ae] Jinrobal announced on the 23rd that it has signed a liquidity supply contract with Daishin Securities with a bid-ask spread of 2%. The bid quantity is more than 10 times the trading unit quantity. The liquidity supply period is from the 30th of this month to March 31 of next year.

The company stated, "This is a temporary contract signed for the purpose of activating trading through increased liquidity," and added, "If the average monthly trading volume falls below 1% of the floating shares in the future, the liquidity supply contract may not be signed, and in this case, according to Article 28, Paragraph 1, Item 12 of the KOSDAQ Market Listing Regulations, the stock may be designated as a management item."

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