ITOXI Designated as Unfaithful Disclosure Corporation for Three Disclosure Reversals... Penalty 11.5 Points and 46 Million KRW Fine
ITOXI has been designated as an unfaithful disclosure corporation for three reversals of capital increase decisions. It received 11.5 penalty points and a 46 million KRW fine.
With cumulative penalty points of 16.5, a substantive review for listing eligibility on KOSDAQ has been triggered, potentially leading to trading suspension.
[AI Summary]The disclosure reversals erode market confidence and heighten delisting risk, putting downward pressure on the stock price.
KOSDAQ Filing Information
Designation of Unfaithful Disclosure Corporation (3 Disclosure Reversals)