Biutechnology Faces Additional Delisting Review Reason; Delisting Proceedings Suspended
- The company disclosed that its most recent quarter (Q1) revenue was below 300 million KRW, constituting an additional reason for substantive review of listing eligibility due to suspension of principal business under KOSDAQ listing rules.
- The company had a delisting decision on July 3, 2025, but the delisting process (including liquidation trading) is suspended due to a court injunction on the effectiveness of the delisting decision.
- Subsequent procedures will proceed depending on the outcome of the related lawsuit.
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KOSDAQ Filing Information
- Filing: Other Market Notice (Non-Progression Of Procedures Related To Addition Of Reasons For Substantive Review Of Listing Eligibility)
- Company: B.U Technology (230980)
- Submission: KOSDAQ Market Division
- Receipt: 05-15-2026
- Under KRX KOSDAQ Market Division