July Stock Lock-up Release for 44 Listed Companies Including Kyobo Securities and Jungso Enterprise Bank
[Asia Economy Reporter Lee Seon-ae] In July, 138.35 million shares of 44 listed companies, whose major shareholders are required to hold their shares for a certain period to protect general investors, are scheduled to be released from the lock-up.
According to the Korea Securities Depository on the 30th, the shares to be unlocked amount to 49.84 million shares (5 companies) in the KOSPI market and 88.51 million shares (39 companies) in the KOSDAQ market. The number of shares to be unlocked in July decreased by 62.8% compared to the previous month (371.66 million shares) and by 7.7% compared to the same month last year (149.97 million shares).
The largest volume of lock-up releases is from shares subject to subscription (resale restriction) lock-up, with 49.47 million shares in KOSPI and 52.21 million shares in KOSDAQ. Subscription shares are those held under lock-up to exempt the obligation to submit a securities registration statement when they meet the resale criteria set by the Financial Services Commission.
The top three companies by the number of shares to be unlocked are Kyobo Securities (28.65 million shares), Industrial Bank of Korea (12.41 million shares), and ITX AI (11.21 million shares). The top three companies by the ratio of unlocked shares to issued shares are Mobirix (51.7%), EQCell (49.9%), and Kyobo Securities (44.3%).
Below is the list of companies with lock-up releases in July.
◇ KOSPI 5 companies
▲ Gukbo ▲ Kyobo Securities ▲ Industrial Bank of Korea ▲ Ascendio ▲ Cellmat Therapeutics
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◇ KOSDAQ 39 companies
▲ MFM Korea ▲ NCIS ▲ GenCurix ▲ Magic Micro ▲ ADM Korea ▲ Dentis ▲ GemVaxGeo ▲ iQure ▲ Samco ▲ Somagen KDR ▲ EV Advanced Materials ▲ KHE NT ▲ Vitrosys ▲ Kyungnam Pharmaceutical ▲ ITX AI ▲ Flitto ▲ Melpas ▲ Haesung TPC ▲ Isaac Engineering ▲ EQCell ▲ TSI ▲ Saltlux ▲ KH Electron ▲ Genolution ▲ Korea Union Pharmaceutical ▲ Newbotech ▲ Sunjin Beauty Science ▲ Kukon ▲ Mobirix ▲ CNTUS Sungjin ▲ Crova Hightech ▲ YOM ▲ Finger ▲ E&Di ▲ NSN ▲ Suseong Innovation ▲ NanoCamtech ▲ Veno Holdings ▲ Y-PHAM
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