Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Korea/Asia, Events, IPOs

Douglas Research Advisory

Equity Bottom-Up

<ul>
<li>This insight provide a list of 43 stocks (2 KOSPI and 41 KOSDAQ) with end of mandatory lock-up periods for certain shares in March 2025.</li>
<li>Some of the companies mentioned in this insight which highlights the end of major lockup periods in March could help to narrow down the list of candidates for potential shorting.</li>
<li>Among these 43 stocks, the top five market cap stocks that could be sold after end of lock-up/total outstanding shares include Hanwha Engine, GI Innovation, Orum Therapeutics, and Angel Robotics.</li>
</ul>


This insight provide a list of 43 stocks (2 KOSPI and 41 KOSDAQ) with end of mandatory lock-up periods for certain shares in March 2025.
Some of the companies mentioned in this insight which highlights the end of major lockup periods in March could help to narrow down the list of candidates for potential shorting.
Among these 43 stocks, the top five market cap stocks that could be sold after end of lock-up/total outstanding shares include Hanwha Engine, GI Innovation, Orum Therapeutics, and Angel Robotics.


End of Mandatory Lock-Up Periods for 43 Companies in Korea in March 2025

Event-Driven

<ul>
<li>On 8 April, the Korea Exchange announced special changes to KOSDAQ 150. NKMAX will be excluded from KOSDAQ 150 and it will be replaced by GI Innovation.</li>
<li>NKMAX was designated as "administrative issue" and "investment attention issue" on 8 April 2024, which resulted in the Korea Exchange deciding to remove this stock from KOSDAQ 150. </li>
<li>We believe that this inclusion of GI Innovation in KOSDAQ 150 is likely to further positively impact its share price.</li>
</ul>


On 8 April, the Korea Exchange announced special changes to KOSDAQ 150. NKMAX will be excluded from KOSDAQ 150 and it will be replaced by GI Innovation.
NKMAX was designated as "administrative issue" and "investment attention issue" on 8 April 2024, which resulted in the Korea Exchange deciding to remove this stock from KOSDAQ 150. 
We believe that this inclusion of GI Innovation in KOSDAQ 150 is likely to further positively impact its share price.


Special Changes in KOSDAQ 150: Deletion (NKMAX) + Addition (GI Innovation)

South Korea

GI Innovation, Inc. operates as a bio-venture company. The Company provides biologics products development, production, and marketing services. GI Innovation markets its products throughout Korea.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

GI Innovation (358570 KS)

End of Mandatory Lock-Up Periods for 43 Companies in Korea in March 2025

This insight provide a list of 43 stocks (2 KOSPI and 41 KOSDAQ) with end of mandatory lock-up periods for certain shares in March 2025.

Douglas Kim

Special Changes in KOSDAQ 150: Deletion (NKMAX) + Addition (GI Innovation)

On 8 April, the Korea Exchange announced special changes to KOSDAQ 150. NKMAX will be excluded from KOSDAQ 150 and it will be replaced by GI...

Douglas Kim

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)