South Korea's Financial Services Commission said the government has approved a cornerstone investor system that will allow institutional investors who commit to lock shares for at least six months to receive pre-IPO allocations. The rules take effect Nov. 13 and will be implemented alongside amendments to the Capital Markets Act. FSC said introducing stable, longer-term institutional buyers before pricing should boost IPO confidence and reduce post-listing selling pressure.

2026-11-05

South Korea's Financial Services Commission said the government has approved a cornerstone investor system that will allow institutional investors who commit to lock shares for at least six months to receive pre-IPO allocations. The rules take effect Nov. 13 and will be implemented alongside amendments to the Capital Markets Act. FSC said introducing stable, longer-term institutional buyers before pricing should boost IPO confidence and reduce post-listing selling pressure.