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Soosung Webtoon Seeks Buyers for Management Control as Market Cap Falls Below $100M

2026-07-26 21:13:20

According to Chosun Biz on July 26, KOSDAQ-listed Soosung Webtoon has put its management stake on the M&A market. The South Korean webtoon platform cited short-term liquidity pressures and tightened delisting criteria as drivers for the sale, which excludes profitable subsidiaries and focuses on the parent company.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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