Wemade's short selling will be banned for one day on July 6, 2026, following the extension of its designation as an overheated short-selling stock.

The KOSDAQ Market Headquarters announced through a disclosure on the 3rd that it has extended the overheated short-selling stock designation period for Wemade in accordance with Article 9-2 of the KOSDAQ Market Business Regulations and Article 8-5 of the Enforcement Detailed Rules of the same regulations. The designation date is July 6, 2026, with an extension period of one day.

Accordingly, short selling of Wemade shares will be prohibited on that date in both the regular market and the after-hours market. Short selling will resume from the next trading day following the extension date.

However, if the stock price falls by 5% or more compared to the previous day on the date of the short-selling ban, the short-selling ban period may be extended further.

As exceptions, short selling is permitted for liquidity provider quotes and market maker quotes in the stock market, quotes for hedging transactions aimed at providing liquidity for ELW, ETF, and ETN products, and quotes for hedging transactions aimed at market making in the derivatives market.