'4 Trillion Won Corporate Value' Kurly Delays IPO Amid Stock Market Slump... "Considering Investor Sentiment Contraction"

Passed Preliminary Listing Review in August Last Year... 6-Month Deadline Approaching
Optimal Time to Fully Assess Corporate Value Being Reattempted

Kurly has decided to postpone its planned domestic stock market listing.

On the 4th, Kurly stated, "Considering the decline in investment sentiment due to the worsening global economic situation, we have decided to delay our listing on the Korea Exchange (KOSPI)."

Kurly passed the preliminary review for listing on the KOSPI market on August 22 last year. Kurly said, "we plan to reschedule the listing at the optimal time when the company's value can be fully evaluated."

Kurly added, "We achieved growth last year that exceeded the e-commerce industry average, and we have sufficient cash to smoothly carry out planned new businesses. When the time comes to reschedule the listing based on continuous growth, we will provide sincere guidance."