IA Networks "Four Consecutive Years of Operating Losses Do Not Constitute Management Item Reason Due to Technology Special Listing"

[Asia Economy Reporter Jang Hyowon] IA Networks, a company specializing in image sensor packaging, clarified on the 17th that concerns about being designated as a management item are unfounded.

A company representative stated, “IA Networks is a technology-specialized listed company, so it does not fall under the criteria for management item designation due to four consecutive years of operating losses,” and added, “We ask investors not to misunderstand the reports about management item designation published by certain media outlets.”

According to KOSDAQ listing regulations, a company is designated as a management item if it incurs operating losses for four consecutive fiscal years. If a company already designated as a management item due to four consecutive years of operating losses incurs another operating loss, it becomes subject to a substantial review of listing eligibility. However, technology-specialized listed companies or growth-specialized companies like IA Networks are exempt from this regulation.

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