Source : WAM
The Korea Exchange (KRX), South Korea’s primary stock exchange operator, announced on Monday that it has introduced new IPO review criteria for companies engaged in core technologies such as artificial intelligence (AI).
According to the KRX, amendments to the enforcement rules of its listing regulations have been completed as part of broader efforts to strengthen the credibility of the KOSDAQ market.
The revised framework introduces tailored, industry-specific technology evaluation standards designed to facilitate faster public listings for firms in strategic technology sectors. Notably, the exchange will apply differentiated review criteria across various stages of the AI value chain, ranging from semiconductor production to AI software and power-related technologies.
Yonhap News Agency reported that the KRX will also tighten listing maintenance requirements for KOSDAQ-listed companies beginning this month. Under the updated rules, the minimum market capitalisation required to avoid delisting will increase from 4 billion won to 15 billion won (approximately US$10.4 million).
