Bithumb Holdings shareholders have received "audit opinions rejected" for two consecutive years and face the risk of delisting

Bithumb Holdings, the largest shareholder of Bithumb, received a "rejected audit opinion" for two consecutive years, facing the risk of delisting. The KOSDAQ Market Headquarters of the Korean Stock Exchange announced that Vidente faces delisting and suspended stock trading due to restrictions on the audit scope and refusal of opinions. Vidente announced today that it has received a refusal of audit opinion from external auditor Taesung Accounting Corporation for its 2023 financial statements.

Note: KOSDAQ is Korea's startup board market, which belongs to the Korean Stock Exchange.