NKMAX to Be Delisted... Liquidation Trading Begins January 8

The KOSDAQ Market Division of the Korea Exchange announced on January 6 that the KOSDAQ Market Committee had convened and resolved to delist NKMAX after reviewing its eligibility for continued listing.

The exchange stated, "Taking into account the company's business continuity and management transparency, among other factors, it was determined that NKMAX meets the criteria for delisting."

As a result of the delisting, NKMAX will begin liquidation trading from January 8 to January 16, and will be officially delisted on January 19.

NKMAX had filed an objection on December 10 regarding the delisting decision made by the Exchange's Corporate Review Committee on November 19 of last year, but the committee ultimately resolved to proceed with the delisting after review.