[Edaily Reporter Shin Ha-yeon ] KESPION(079190)has exceeded the 20 billion won market capitalization threshold required for continued listing on KOSDAQ following the listing of new shares issued through a third-party private placement worth approximately 13 billion won.

KESPION announced that it completed the payment of subscription funds for a third-party private placement worth approximately 13 billion won on the 14th, and as a result, 10,752,688 newly issued common shares will be additionally listed on the KOSDAQ market on the 29th.

KESPION was designated as a “monitored stock” on August 20 due to a market capitalization that fell below the required threshold. The closing price on the previous day, the 28th, was 1,274 won. With this new share listing, the total number of listed shares will increase to 20,341,566, and the market capitalization—calculated simply based on the previous day’s closing price—will rise to approximately 25.9 billion won.

Consequently, if the current stock price level is maintained, the market capitalization will exceed the 20 billion won threshold required to remain listed. However, simply exceeding 20 billion won in market capitalization due to the new share issuance does not automatically result in the immediate removal of the “monitored stock” designation; whether the relevant requirements are met and the timing of the removal will be determined in accordance with Korea Exchange regulations.

The new shares allocated to the new largest shareholder, “Blue Materials, Parts, and Equipment New Technology Investment Fund No. 3,” through this rights offering are scheduled to be registered for mandatory holding with the Korea Securities Depository for one year, from the 29th until September 28 of next year.

Based on this funding, KESPION plans to continue its existing telecommunications components and beauty businesses while pursuing new ventures. The company explained that it is considering entering the Agentic AI sector as a next-generation business.

A KESPION official stated, “Through this large-scale fundraising and the listing of new shares, we have reached a significant turning point by exceeding the market capitalization requirements, thereby dispelling the market’s concerns regarding delisting,” adding, “We will spare no effort in enhancing shareholder value by swiftly materializing new business ventures that are attracting market attention, such as Agentic AI.”