★★★★★

Noble M&B

Noble M&B Delisting Confirmed Due to Audit Opinion Denial, Share Value at Risk of Extinction


  • The KOSDAQ Market Division lifted the trading suspension of Noble M&B to commence cleanup trading following its delisting.
  • The delisting is due to a denial of audit opinion indicating significant uncertainty about the company's ability to continue as a going concern. The cleanup trading period runs from June 22, 2026 to June 30, 2026 covering seven trading days.
  • The delisting date is July 1, 2026, after which the shares will no longer be tradable, effectively destroying the investment value for existing shareholders.
  • This action involves no capital changes or new fundraising and stems directly from the company's deteriorating financial health.
  • [AI Summary]Noble M&B faces total loss of liquidity and near-total value destruction due to delisting. The audit opinion denial underscores severe governance failures and financial instability, leaving shareholders with no viable exit beyond limited recovery during the cleanup period.

KOSDAQ Filing Information


  • Lifting of Stock Trading Suspension (Commencement of Liquidation Trading due to Delisting)
  • Company: Noble M&B (106520)
  • Submission: KOSDAQ Market Division
  • Under KRX KOSDAQ Market Division

  • Shares: 38,695,952
  • Price: 411 KRW
  • Market Cap: 15.9 B KRW