IM Delisting Injunction Rejected, Resumption of Selling Period Threatens Shareholder Value
KOSDAQ Market Division announced the resumption of the delisting selling period after the Seoul Southern District Court dismissed IM's injunction to suspend the delisting effect on June 17, 2026, following the initial delisting decision on August 29, 2025.
The selling period runs from June 22 to June 30, 2026, for seven trading days, after which delisting is finalized. This poses a near-total loss of liquidity and value for IM shares.
No additional capital changes or financial restructuring plans have been disclosed. Shareholders must sell their holdings during the selling period to minimize losses.
[AI Summary]The dismissal of IM's delisting injunction effectively extinguishes shareholder value. With no recourse beyond selling shares during the short selling period and no restructuring or capital infusion, investors face total loss of principal.
KOSDAQ Filing Information
Other Market Notice (Resumption Of Delisting Trading Procedures Following Dismissal Of Injunction Application To Suspend Effect Of Delisting Decision)