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Venture Groups Urge Leading Firms to Stay on KOSDAQ Amid Exit Concerns

Published: · Source: mk.co.kr

Venture Groups Urge Leading Firms to Stay on KOSDAQ Amid Exit Concerns
TL;DR: The Korea Venture Business Association, KOSDAQ Association and venture capital group on May 13 urged top venture firms to remain on KOSDAQ, citing concerns over departures.
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Venture-related organizations, including the Korea Venture Business Association, the KOSDAQ Association and the Korea Venture Capital Association, issued an appeal on May 13 urging strong venture companies to remain listed on the KOSDAQ market. The groups expressed concern that leading KOSDAQ companies could leave the market, while stressing that KOSDAQ has served as a key base for venture company growth and fundraising. They said efforts are needed to improve market conditions, including expanding institutional investors and differentiating regulations. The appeal underscores that retaining strong venture firms is important for maintaining trust and growth potential in the KOSDAQ market. Source: mk.co.kr

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