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[Alpha Biz=(Chicago) Reporter Kim Jisun] After POSCO DX, the fifth-largest market capitalization on the KOSDAQ, which recently announced its plan to be listed before the KOSPI, L&F, the fourth-largest market capitalization, has also decided to relocate the KOSPI.
L&F, a company specializing in the production of secondary battery cathode materials, held a board meeting on the 28th and announced that it had reported and approved the promotion of listing before the stock market.
Earlier, the possibility of relocating the securities market of L&F has been discussed since April.
Based on the closing price of 237,500 won, the company's market capitalization is 8.669 trillion won, ranking fourth in KOSDAQ market capitalization.
L&F plans to finalize the listing plan before KOSPI through an extraordinary shareholders' meeting later.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
