1. What Happened?: Embezzlement Allegations Against RF Semi

On August 13, 2025, RF Semi disclosed allegations of embezzlement, triggering a review for delisting. Despite recent improvements in semiconductor performance, this event, combined with existing concerns about auditor opinions and going concern uncertainties, poses a significant threat to the company’s future.

2. Why Does it Matter?: Delisting Risks and Investment Implications

Embezzlement allegations severely damage a company’s financial health and credibility, leading to potential stock plunges, diminished investor confidence, and funding difficulties. For RF Semi, this drastically increases the risk of delisting, potentially resulting in complete loss of investment for shareholders.

3. What’s Next?: Potential Scenarios and Outlook

The fate of RF Semi rests on the decisions of the Korea Exchange. The veracity of the allegations, investigation outcomes, and the company’s remedial actions will be crucial factors. In a worst-case scenario, delisting is a real possibility, leading to substantial investor losses.

4. What Should Investors Do?: Action Plan

  • Avoid any further investment in RF Semi.
  • If you currently hold shares, carefully monitor the situation and consider selling strategies, keeping in mind the potential for trading halts.
  • Stay updated on news and announcements regarding the Korea Exchange’s decisions and developments.
  • Seek professional advice to reassess your investment strategy.