Daishin Balance No.17 Special Purpose Acquisition Company is a South Korea-based blank check company established for the sole purpose of identifying, negotiating, and completing a business combination with an operating enterprise through a statutory merger, capital stock exchange, asset acquisition, or corporate reorganization. As a special purpose acquisition company, the entity does not manufacture commercial products or deliver standalone commercial services; instead, it provides capital formation, public listing transition mechanisms, and merger execution services for non-listed private enterprises seeking public quotation. The company focuses its acquisition and merger search on target businesses across high-growth domestic and international industry sectors, including: renewable energy and clean power generation; biopharmaceuticals, biotechnology, and medical devices; secondary battery manufacturing and advanced energy storage solutions; light-emitting diode (LED) applications; green transportation systems and eco-friendly mobility; carbon capture, utilization, and carbon reduction technologies; advanced industrial water treatment systems; digital content creation, software, video gaming, and media entertainment; robotics, mechatronics, and artificial intelligence-driven automation; and advanced composite materials and new chemical substances. Founded in 2023 and headquartered in Seoul, South Korea, the company was established under the sponsorship of Daishin Securities Co., Ltd. In recent operational developments, following its initial public offering and listing on the KOSDAQ market of the Korea Exchange in January 2024, the entity was designated as an administrative issue in July 2026 due to the inability to submit a preliminary merger listing application within the statutory timeframe, resulting in its formal delisting from the exchange and the commencement of mandatory corporate dissolution and capital distribution proceedings in September 2026.