[E-Daily Reporter KIM YOON-JEONG ] The KOSDAQ Market Division of the Korea Exchange announced on the 19th that it is suspending trading in the shares of Daishin Balance No.17 Special Purpose Acquisition Company(471050)due to grounds for delisting.
Trading in the company’s shares will be suspended on the 20th and will remain suspended until the 31st. The grounds for delisting stem from the company’s failure to resolve the issue within one month of being designated as a “monitored stock” due to its failure to submit an application for a preliminary review of a merger-based listing.
The liquidation trading period will be seven trading days from the 21st to the 31st, and the delisting date is the 1st of next month.
Trading in the company’s shares will be suspended on the 20th and will remain suspended until the 31st. The grounds for delisting stem from the company’s failure to resolve the issue within one month of being designated as a “monitored stock” due to its failure to submit an application for a preliminary review of a merger-based listing.
The liquidation trading period will be seven trading days from the 21st to the 31st, and the delisting date is the 1st of next month.