Softcen preferred shares face delisting risk

Softcen 1 preferred shares face potential delisting under KOSDAQ rules due to a market capitalization below KRW 2 billion. The shares were flagged on July 15 for failing the threshold for 30 consecutive trading days, adding a management-issue designation trigger. As of Oct. 7, the shares had spent 56 trading days below KRW 2 billion.