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Article 19-3
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After an issuer has filed and obtained effective shelf registration for issuance of new shares, the registration will immediately be terminated upon occurrence of any of the following events, and a public announcement of the termination shall be made within 2 days from the date of occurrence of the cause for termination:
- An event under paragraph 4 of the preceding article.
- Change of the lead underwriter during the scheduled issuance period.
- Expiration of the scheduled issuance period.
- The total number of shares scheduled to be issued under the shelf registration has been issued in full.
- The FSC revokes the shelf registration as it deems necessary to protect the public interest.
Before the current shelf registration has duly been terminated pursuant to the preceding paragraph, the issuer may not make any further filing to issue new shares for cash capital increase.
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