Korea Exchange Issues Preliminary Notice to Hyper Corporation Over Disclosure Reversal
Hyper Corporation receives a preliminary notice for unfair disclosure after a disclosure reversal tied to a withdrawn rights issue decision; a final designation decision is due by November 3, 2026.
The Korea Exchange announced on October 8, 2026 that Hyper Corporation (065650) has been designated for preliminary notice as a company with unfair disclosure, according to digitaltoday.co.kr. The case concerns a disclosure reversal related to the withdrawal of a decision on a rights issue (shareholder allocation followed by a public offering of forfeited shares).
The original disclosure was made on May 13, 2026, and the reversal disclosure was made on August 27, 2026. The deadline for deciding whether to formally designate the company as one with unfair disclosure is November 3, 2026.
Hyper Corporation has been assessed 3.6 penalty points for unfair disclosure over the past year. A previously imposed penalty of 5.5 points was converted to 3.6 points by applying a two-thirds reduction to points imposed before the enforcement date of the revised regulations on July 1, 2026.
If finally designated as a company with unfair disclosure and its penalty points reach 8.0 or higher, trading may be suspended for one day. If cumulative penalty points over the past year reach 10 or more, the company may become subject to a substantive review for listing eligibility under Article 56, Paragraph 1, Item 12 of the KOSDAQ Market Listing Regulations.
Hyper Corporation's consolidated financial status as of the fiscal year ending December 2025 shows total assets of 71.9 billion won, total liabilities of 56.6 billion won, and total equity of 15.3 billion won. Revenue was 76.2 billion won, with an operating loss of 4.3 billion won and a net loss of 0.8 billion won.
As of 7:53 PM on October 8, Hyper Corporation's stock price was 1,415 won, down 59 won (-4%) from the previous day. The company was listed on the KOSDAQ market on January 21, 2003, and its industry is wholesale of machinery and equipment and related goods.
Quick answers
What is the deadline for deciding whether Hyper Corporation will be designated as a company with unfair disclosure?
The deadline is November 3, 2026.
What penalty points has Hyper Corporation received for unfair disclosure?
The penalty points imposed over the past year amount to 3.6 points. A previously imposed penalty of 5.5 points was converted to 3.6 points by applying a two-thirds reduction to points imposed before the enforcement date of the revised regulations on July 1, 2026.
What could happen if Hyper Corporation is finally designated and its penalty points reach 8.0 or higher?
Trading may be suspended for one day. If cumulative penalty points over the past year reach 10 or more, the company may become subject to a substantive review for listing eligibility under Article 56, Paragraph 1, Item 12 of the KOSDAQ Market Listing Regulations.