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Kiwoom No.10 SPAC Agrees to Merge With ETS

PUBT·10/30/2026 10:43:55
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Kiwoom No.10 SPAC Agrees to Merge With ETS
  • 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: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kiwoom No.10 Special Purpose Acquisition Company published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261030000754), on October 30, 2026, and is solely responsible for the information contained therein.