IBKS No.24 Special Purpose Acquisition Company
KKRX:4694803,585.00
KRW
+60.00
(+1.70%)
ISIN
KR7469480008
Return %
Stock
S&P 500
1Y
64.07
14.39
3Y
- -
81.42
5Y
- -
68.62
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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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
- CEO
- Kang-Min Kim
- Full Time Employees
- 1
- Sector
- Finance
- Industry
- Financial conglomerates
- Address
- Seoul South Korea
- IPO Date
- Feb 1, 2024
- Similar Companies
- Business
- IBKS No.24 Special Purpose Acquisition Company is a South Korea-based blank check company established for the sole purpose of acquiring, merging with, or effecting a business combination with operating private enterprises possessing high growth potential. The company provides capital pooling, corporate restructuring, and public listing facilitation services through merger mechanisms across several target industry sectors, including software and information technology services; display manufacturing and related components; mobile devices and wireless communications; digital gaming and interactive entertainment; biotechnology, pharmaceuticals, and medical devices; renewable energy and environmental technologies; electronic components and telecommunications equipment; advanced industrial materials; and cosmetics, beauty, and consumer healthcare products. Headquartered in Seoul, South Korea, and sponsored by IBK Securities Co., Ltd., the company focuses its operational and investment activities primarily within the domestic South Korean market. Founded in September 2023, the company completed its initial public offering and listed its common shares on the KOSDAQ market of the Korea Exchange in February 2024 under the ticker symbol 469480. In June 2026, IBKS No.24 Special Purpose Acquisition Company entered into a definitive merger agreement with Luxco Co., Ltd., a South Korean manufacturer of marine and onshore switchboards, power distribution systems, and electrical equipment, pursuant to which Luxco will absorb the company to execute a listing on the KOSDAQ market. In September 2026, the Korea Exchange approved the preliminary merger review for the transaction, advancing the planned completion of the business combination and the subsequent public listing of the merged entity.