Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Event-Driven

<ul>
<li>On 8 April, the Korea Exchange announced special changes to KOSDAQ 150. NKMAX will be excluded from KOSDAQ 150 and it will be replaced by GI Innovation.</li>
<li>NKMAX was designated as "administrative issue" and "investment attention issue" on 8 April 2024, which resulted in the Korea Exchange deciding to remove this stock from KOSDAQ 150. </li>
<li>We believe that this inclusion of GI Innovation in KOSDAQ 150 is likely to further positively impact its share price.</li>
</ul>


On 8 April, the Korea Exchange announced special changes to KOSDAQ 150. NKMAX will be excluded from KOSDAQ 150 and it will be replaced by GI Innovation.
NKMAX was designated as "administrative issue" and "investment attention issue" on 8 April 2024, which resulted in the Korea Exchange deciding to remove this stock from KOSDAQ 150. 
We believe that this inclusion of GI Innovation in KOSDAQ 150 is likely to further positively impact its share price.


Special Changes in KOSDAQ 150: Deletion (NKMAX) + Addition (GI Innovation)