Company with Adverse Audit Opinion Enters Delisting Review Process After Improvement Period Ends
KOSDAQ announced that it will initiate a delisting review process for TS Nexgen following the end of the improvement period (ended April 17, 2026) granted due to an adverse audit opinion for fiscal year 2024
TS Nexgen must submit documents including an improvement plan implementation report to KOSDAQ by May 12, 2026, within 15 business days after the improvement period ended
KOSDAQ will convene a Corporate Review Committee within 20 business days from the document submission date to deliberate and decide on delisting, and notify the result within 3 business days of the decision
KOSDAQ Filing Information
Filing: [Correction of Description] Other Market Notice (Notice Of Decision On Delisting Due To End Of Improvement Period)