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Meritz No. 2 SPAC Newly Listed on KOSDAQ on the 19th... Trading Begins for 7.24 Million Shares

Meritz No. 2 SPAC will be newly listed on the KOSDAQ market on the 19th. The Korea Exchange announced on the 17th that 7.24 million common shares of Meritz No.

CBC News Desk
Staff Reporter
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Meritz No. 2 SPAC Newly Listed on KOSDAQ on the 19th... Trading Begins for 7.24 Million Shares
CBC News

Meritz No. 2 SPAC will be newly listed on the KOSDAQ market on the 19th.

The Korea Exchange announced on the 17th that 7.24 million common shares of Meritz No. 2 Corporate Acquisition Purpose Co., Ltd. (Meritz No. 2 SPAC) will begin trading on the KOSDAQ market starting the 19th. The listing approval date is the 17th, and the listing date is the 19th.

The stock code is 'A0165X0,' with a par value of 100 won per share. The post-listing capital stock is 724 million won, and the fiscal year-end is December. The dividend base date is January 1, 2026.

Meritz No. 2 SPAC is a Special Purpose Acquisition Company (SPAC) operating in the financial support services industry, established with the purpose of identifying promising growth companies by merging with unlisted companies. The CEO is Lee Yoon-won, and Meritz Securities is serving as the listing underwriter. TS Investment holds a 2.76% stake as a major shareholder. The headquarters is located at Three IFC, Gukje Finance-ro, Yeongdeungpo-gu, Seoul, and the share registration agent is Korea Securities Depository.

Meanwhile, a SPAC is a paper company that raises funds through an initial public offering (IPO) and then merges with an unlisted company. As interest in newly listed SPACs has recently grown in the stock market, investors are paying close attention to the growth potential of future merger target companies. Market attention is expected to focus on the stock price movement of Meritz No. 2 SPAC following its listing.

CBC News Desk
Staff Reporter

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