Kiwoom No.10 SPAC Agrees to Merge With ETS
Bitget2026/10/30 10:43- ETS will absorb Kiwoom No.10 Special Purpose Acquisition Company, securing a Kosdaq listing while the SPAC ceases to exist.
- Shareholders receive 0.1912442 ETS shares per SPAC share, based on per-share valuations of KRW 10,458 and KRW 2,000, respectively.
- The merger is scheduled for April 26, 2027, with shareholder votes set for March 22, 2027.
- ETS will issue 808,962 common shares, scheduled to begin trading on May 12, 2027.
- The transaction aims to fund business expansion and technology development while strengthening ETS’s financial structure.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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