Dragonfly faces continued delisting risk despite submitting improvement plan… Corporate Review Committee decision by June 26
Dragonfly, which was subject to a substantive review for listing eligibility on May 6, 2026, submitted an improvement plan to the KOSDAQ Market Division on May 28.
The exchange will convene a Corporate Review Committee within 20 business days (by June 26) to decide on delisting, granting an improvement period, or lifting the trading suspension.
If an improvement period is granted, delisting will be re-evaluated thereafter; if delisting is decided, the company may appeal within 15 business days.
If no appeal is filed, delisting proceeds; if appealed, the KOSDAQ Market Committee makes a final decision within 20 business days.
[AI Comprehensive Analysis]Dragonfly currently faces the extreme risk of delisting. Shareholder value could change drastically depending on the Corporate Review Committee's decision, requiring investors to bear significant uncertainty.
KOSDAQ Filing Information
Filing: Other Market Guidance (Submission Of Improvement Plan)