Release of Lock-up Registration for 196.97 Million Shares of 53 Companies Including Doosan Robotics in December

Next month, 196.97 million shares of companies including Doosan Robotics and Manyeogongjang will be released from mandatory lock-up registration.

According to the Korea Securities Depository on the 30th, a total of 196.97 million shares of 53 listed companies registered under mandatory lock-up at the Depository are scheduled to be released in December.

By market, the KOSPI market includes 19.78 million shares from 6 companies such as Doosan Robotics, Samhwa Electronics Industry, and InvivoGen, while the KOSDAQ market includes 77.19 million shares from 47 companies such as Yujin Technology, Studio Dragon, and Manyeogongjang.

The top three companies by the number of shares released relative to total issued shares are Manyeogongjang (82.29%), Taeseong (42.20%), and CureCell (41.16%). The top three companies by the number of shares released from mandatory lock-up are DSEN (40 million shares), JTC KDR (15.08 million shares), and Manyeogongjang (13.47 million shares).

The main reason for mandatory lock-up registration was fundraising (transfer restriction). Mandatory lock-up registration refers to the electronic registration of shares owned by major shareholders, etc., at the Depository to restrict their disposal for a certain period in accordance with relevant laws to protect general investors.