What kind of market is KONEX?

KONEX is a market opened in July 2013 to give early-stage small and medium-sized enterprises opportunities to raise funds.

Companies can list in various ways, including public offerings, private placements and direct listings, and the burden after listing is eased, for example through exemption from filing periodic reports and simplified ad hoc disclosure. Governance-related burdens are also low; for instance, companies are exempt from the obligation to appoint outside directors and a full-time auditor.