[Edaily Reporter Kwon Oh Seok ] Gold&S(035290), a company specializing in foreign language education platforms, announced on the 9th that it has filed a motion for a preliminary injunction against the Korea Exchange (KRX) to suspend the designation of its stock as a “monitored issue” and to prohibit the decision to delist the company.

Previously, on July 13, Gold&S was designated as a “monitored stock” due to failing to meet market capitalization requirements. The company explained that through this application for a preliminary injunction, it has requested the court to suspend the effect of the “monitored stock” designation until a final judgment is rendered on the main case and to prohibit the proceeding of delisting procedures based on insufficient market capitalization.
The company maintains that the revised and strengthened listing regulations of 2026 are invalid because they violate the principles of proportionality and protection of legitimate expectations. It argues that while market capitalization reflects various external factors beyond the control of listed companies, the problem lies in the fact that delisting decisions are based solely on a single market capitalization criterion and that companies are not granted sufficient preparation time.
Gold&S has been consistently implementing plans to restructure its business, improve profitability, and enhance corporate value (value-up) in accordance with the existing regulations. In fact, in the first half of this year, revenue surged 211.2% year-over-year to 13.4 billion won, and the company achieved a turnaround in its financial performance by successfully returning to profitability in both operating income (840 million won) and net income (1.9 billion won).
A Gold&S official stated, “This application for a preliminary injunction is an unavoidable measure to prevent irreparable harm to shareholders and the company until a final ruling is issued,” adding, “We will seek recognition of the unfairness of applying the amended listing regulations through proper legal procedures and actively protect shareholders’ rights.”