Failure to Complete Change Listing After Capital Reduction Triggers Immediate Delisting Risk
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KOSDAQ delisting decision (Apr 3, 2026) currently suspended due to injunction
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Capital reduction decision (May 18, 2026); change listing application not filed within 1 month
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If court dismisses injunction before change listing is completed: immediate delisting without managed trading period
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If change listing completed before court decision: managed trading period granted then delisting
KOSDAQ Filing Information
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Filing: Other Market Notice (Notice Regarding Delisting Procedure)
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Company: UNION KOREA PHARM (080720)
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Submission: KOSDAQ Market Division
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Receipt: 05-20-2026
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Under KRX KOSDAQ Market Division