[Special Stock] ‘Investment Risk’ Zaigle Surges Again on News of US Secondary Battery JV Discussions

Zaigle is experiencing a sharp rise. It is analyzed that news about ongoing negotiations to establish a joint venture (JV) for secondary batteries is continuously driving up the stock price.

At 9:10 a.m. on the 3rd, Zaigle was trading at 27,750 KRW, up 15.38% from the previous trading day. On that day, the company's stock price soared to 29,550 KRW during the session, setting a new 52-week high.

On the 30th of last month, Zaigle disclosed in response to the Korea Exchange KOSDAQ Market Division's request for an “inquiry on significant market fluctuations” that it is discussing the establishment of an overseas joint venture for secondary batteries. The company stated, “We are negotiating details regarding the establishment and investment of a JV in Virginia, USA,” adding, “The investment amount and schedule of the joint venture cannot be disclosed due to confidentiality agreements with the US side.”

Currently, Zaigle is designated as an investment risk stock. The Exchange designates stocks as market alert items in the order of 'Investment Caution → Investment Warning → Investment Risk' when a stock shows a sharp rise over a certain period.

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