Three KOSDAQ-Listed Firms Resolve Delisting Risk With 5 Billion Won Capital Raise on July 7

According to Chosun Biz, three KOSDAQ-listed companies—Telcon RF Pharma, KPM Tech, and NewOne—on July 7 initiated a series of capital raises funded by 5 billion won from their controlling shareholder to address delisting risks and unwind their circular shareholding structure.

The controlling owner's personal capital injection is being deployed across sequential capital raises by the three firms, allowing the group to minimize cash outflows while resolving regulatory concerns tied to their interconnected ownership structure.