[Edaily Reporter Shin Ha-yeon ] The KOSDAQ Market Division of the Korea Exchange announced on the 24th that RN2 Technologies Co., Ltd.(148250)has been notified of its impending designation as a company with inadequate disclosure due to a failure to disclose a correction to the resolution to convene a shareholders’ meeting in a timely manner.
The date on which the grounds for the disclosure arose was June 25. The Exchange plans to follow the relevant procedures and decide by August 19 whether to designate the company as a non-compliant discloser and determine the penalty points to be imposed.
RN2 Technologies Co., Ltd. currently has 0 penalty points imposed for non-compliant disclosures over the past year. If the company is ultimately designated as a non-compliant discloser and the penalty points imposed for this incident total 8 or more, trading in its shares may be suspended for one day. If the cumulative penalty points over the past year, including this incident, total 10 or more, the company may be subject to a substantive review of its listing eligibility.
The date on which the grounds for the disclosure arose was June 25. The Exchange plans to follow the relevant procedures and decide by August 19 whether to designate the company as a non-compliant discloser and determine the penalty points to be imposed.
RN2 Technologies Co., Ltd. currently has 0 penalty points imposed for non-compliant disclosures over the past year. If the company is ultimately designated as a non-compliant discloser and the penalty points imposed for this incident total 8 or more, trading in its shares may be suspended for one day. If the cumulative penalty points over the past year, including this incident, total 10 or more, the company may be subject to a substantive review of its listing eligibility.
