- Sector
- Finance
- Industry
- Financial conglomerates
- Address
- Seoul South Korea
- IPO Date
- Aug 14, 2025
- Business
- Kyobo 18 Special Purpose Acquisition Company is a South Korea-based special purpose acquisition company established for the primary purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with an unlisted operating enterprise. The company operates as a specialized investment and acquisition vehicle, offering financial structuring and corporate combination services that include: equity capital formation and public offering administration; target identification, screening, and evaluation of privately held growth-stage businesses; comprehensive financial, operational, and legal due diligence; transaction valuation and deal structuring; negotiation and execution of statutory merger agreements; regulatory compliance and listing facilitation on the Korea Exchange; and escrow fund trust management to safeguard public investor capital pending transaction consummation. Kyobo 18 Special Purpose Acquisition Company focuses its target search across high-growth industries in South Korea, primarily targeting businesses operating in renewable and carbon-reduction energy; biopharmaceuticals, biotechnology, and medical devices; information technology convergence systems, semiconductors, software, and electronic communications; advanced robotics, green transportation, and environmental water treatment; nanotechnology and advanced materials; high value-added food manufacturing; and digital entertainment, media, and mobile gaming platforms. The company was founded on March 25, 2025, is headquartered in Seoul, South Korea, and is sponsored by Kyobo Securities Co., Ltd. In recent developments, the company completed its initial public offering on the KOSDAQ market on August 14, 2025, raising KRW 9.0 billion in gross proceeds to capitalize its combination vehicle, and subsequently progressed its search and transaction structuring activities, including advancing merger procedures with industrial safety and personal protective equipment manufacturer Dobu Lifetec Co., Ltd.