ITOXI Corp. Trading Suspension Extended Due to Listing Eligibility Review, Delisting Risk Intensifies
The KOSDAQ Market Division has changed the trading suspension period for ITOXI Corp. due to its status as a subject for substantive listing eligibility review.
The suspension period has been extended to include the period until the decision on whether to proceed with the substantive review, in addition to the existing delisting reason related to audit opinion, increasing uncertainty.
This action reflects potential adverse audit opinion for fiscal year 2025 and financial health concerns; investors should closely monitor delisting risk.
[AI Summary]ITOXI Corp. faces overlapping issues of substantive listing eligibility review and potential adverse audit opinion, leading to prolonged trading suspension and heightened delisting risk. The current stock price of 312 KRW is subject to high volatility pending the review outcome, warranting cautious investment.
KOSDAQ Filing Information
Change Of Securities Trading Suspension Period (Subject To Substantive Review Of Listing Eligibility (Cause Occurred))