WEMIX Delisting Sparks Major Losses and Market Concerns

The delisting of WEMIX has triggered a ripple effect, deeply affecting related companies that relied on WeMade's stock performance. With the core driver of stock price increases gone and no clear catalyst for rebound until new project results are confirmed, WeMade's stock has decreased by over 20% this year. The valuation losses for Alpha Asset Management, which purchased shares from WeMade, have also increased significantly, with recent estimates reaching approximately 14.5 billion won. The current stock prices are roughly 21% and 57% below the purchase prices, translating to valuation losses of around 3.1 billion won and 11.4 billion won, respectively.