Shinhan 18th Special Purpose Acquisition Co., Ltd.
KKRX:0129K01,974.00
KRW
-2.00
(-0.10%)
ISIN
KR70129K0006
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
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FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- Sector
- Finance
- Industry
- Financial conglomerates
- Address
- Seoul South Korea
- IPO Date
- Apr 30, 2026
- Similar Companies
- Business
- Shinhan 18th Special Purpose Acquisition Co., Ltd. is a South Korea-based special purpose acquisition company (SPAC) established for the sole purpose of identifying, acquiring, and merging with unlisted private enterprises with high growth potential. The company operates as a blank-check acquisition vehicle and financial pooling entity designed to facilitate the public listing of target operating companies through statutory mergers, asset acquisitions, stock purchases, or corporate reorganizations. Its primary business activities and target transaction areas encompass capital allocation and acquisition services directed across high-growth industrial sectors, including: electronics and telecommunications equipment; enterprise software, cloud computing, and IT services; biopharmaceuticals, biotechnology, and specialized medical devices; secondary batteries, electric vehicle battery components, and energy storage solutions; mobile gaming, digital content, and media entertainment; renewable energy, green power generation, and environmental technology; advanced automotive parts and smart mobility systems; and advanced materials and nanotechnologies. Incorporated on October 27, 2025, Shinhan 18th Special Purpose Acquisition Co., Ltd. is headquartered in Yeongdeungpo-gu, Seoul, South Korea, and is sponsored by Shinhan Investment & Securities Co., Ltd. In recent developments, the company completed its initial public offering (IPO) on the KOSDAQ market on April 30, 2026, under the ticker symbol 0129K0, successfully raising KRW 10.0 billion in gross proceeds through the issuance of 5.0 million common shares priced at KRW 2,000 per share, supported by an institutional subscription competition ratio exceeding 1,388 to 1. Following its public listing, the company actively conducts strategic search, target screening, and due diligence operations across South Korea to execute a qualifying merger and complete its definitive business combination within its 36-month operational window.