- Business
- DB Finance No.12 Special Purpose Acquisition Co., Ltd. (477760.KQ) is a blank check company, or special purpose acquisition company (SPAC), focused on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities in growth-oriented industries. The company, founded in 2024 and headquartered in Seoul, South Korea, at 32 International Finance-ro 8-gil, Yeongdeungpo-gu, operates primarily in the financial services sector with a target for domestic and potentially international opportunities in high-growth sectors. It does not currently engage in operations beyond seeking and executing a business combination, with no core products or services beyond its SPAC structure; as of late 2025, no merger, acquisition, or significant strategic developments have been announced within the last 1-2 years, and it remains in the pre-combination phase post its KOSDAQ listing in June 2024.