Market cap below 20 billion won for 53 days, delisting risk intensifies
ILJEONG INDUSTRIAL was designated as a managed item on March 16, 2026, due to its market capitalization falling below 20 billion won for 30 consecutive trading days.
As of now, 53 trading days have passed since the designation, and during this period, the market cap has never recovered to 20 billion won or above.
Delisting requirement: If the market cap remains below 20 billion won for 61 trading days, delisting procedures will commence. Currently at 53 days, if it stays below for 8 more days, the condition for delisting is met.
[AI Summary]With ILJEONG INDUSTRIAL's market cap below 20 billion won for 53 days, the delisting threshold (61 days) is near. Without capital injection or positive catalysts, delisting is likely, exposing shareholders to potential total loss.