Delisting Becomes Reality... Korea Exchange Designates 36 "Penny Stock" and "Market Cap Shortfall" Issues as Stocks Under Supervision

Administrative Supervision Begins from the 13th
Companies Must Recover for 45 Consecutive Days Within 90 Trading Days

As part of tightened delisting requirements, a large number of stocks classified as "penny stocks" or those failing to meet market capitalization standards have been newly designated as stocks under administrative supervision. If these companies fail to meet the listing maintenance requirements for 45 consecutive trading days out of the next 90 trading days, they will be subject to delisting procedures.

According to the Korea Exchange as of August 12, 2026, a total of 36 stocks have been designated under administrative supervision. These are stocks whose share price has stayed below 1,000 won for the last 30 consecutive trading days or have failed to meet the minimum market capitalization requirements necessary to remain listed. Of these, 30 were newly designated on this day, while another 6 stocks already under administrative supervision were assigned additional reasons for their designation.

Among these, a total of 24 stocks were designated for administrative supervision because their share price remained below 1,000 won ("penny stocks"): specifically, 3 on the KOSPI (Korea Composite Stock Price Index) market and 21 on the KOSDAQ market.

Yeouido Korea Exchange. Yonhap News

Meanwhile, 9 stocks—5 on the KOSPI market and 4 on the KOSDAQ market—did not meet the so-called penny stock criteria but were designated under administrative supervision for continuously falling short of the market capitalization standards: 30 billion won for KOSPI and 20 billion won for KOSDAQ.

Additionally, there are 3 stocks—Ontide, Hyungji Global, and E8 (one on the KOSPI and two on the KOSDAQ)—that failed to meet both criteria, i.e., their share price remained below 1,000 won for 30 consecutive trading days, and their market capitalization also fell short of the standard.

Previously, in February, the Financial Services Commission announced "Delisting Reform Measures for Prompt and Strict Exit of Insolvent Companies" and stipulated that, from last month, companies would be designated under administrative supervision if their KOSPI market capitalization remains below 30 billion won or their KOSDAQ market capitalization remains below 20 billion won for 30 consecutive trading days. In addition, a new rule was introduced whereby stocks are designated under administrative supervision if their closing price remains below 1,000 won for 30 consecutive trading days. If a company fails to meet these requirements for more than 45 trading days within the next 90 trading days, delisting procedures will be initiated.

This content was produced with the assistance of AI translation services.