Thumbage faces KOSDAQ delisting risk after missing KRW 20 billion cap

KOSDAQ flagged Thumbage on Aug. 7 for 30 straight days below the market-cap threshold. After Sept. 30, 36 trading days had elapsed since designation with zero days meeting the KRW 20 billion requirement; delisting could occur if it stays below KRW 20 billion for 10 consecutive days.