Kyobo 16 Special Purpose Acquisition Company
KKRX:4825202,065.00
KRW
0.00
(0.00%)
ISIN
KR7482520004
Return %
Stock
S&P 500
1Y
1.47
13.14
3Y
- -
80.78
5Y
- -
67.74
Capital Structure
KRW
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in mil. unless spec.Working Capital
KRW
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in mil. unless spec.Growth Rates
KRW
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in mil. unless spec.Quarterly Revenue
KRW
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
KRW
•
in mil. unless spec.Company Description
- CEO
- See-Hwa Jung
- Full Time Employees
- 2
- Sector
- Finance
- Industry
- Financial conglomerates
- Address
- 97 Uisadang-daero Seoul SL South Korea
- IPO Date
- Aug 13, 2024
- Similar Companies
- Business
- Kyobo 16 Special Purpose Acquisition Company is a blank check company founded in 2024 and headquartered in Seoul, South Korea. It operates as a special purpose acquisition company (SPAC) with the primary business activity of acquiring and merging with companies in growth-oriented industries. The company does not manufacture or sell products itself but focuses on facilitating business combinations with target companies, providing access to capital markets for growth ventures. Kyobo 16 SPAC completed an initial public offering raising approximately KRW 11.6 billion. The company operates within the asset management and financial services industry segment through its SPAC activities. It targets businesses with growth potential across various sectors, leveraging its platform to enable these companies' public listings, primarily in the South Korean KOSDAQ market. Recent major developments include completing its IPO in 2024 and actively pursuing merger or acquisition targets under the three-year business combination timeline typical of SPACs. As of late 2025, Kyobo 16 SPAC has been engaged in merger readiness activities with ongoing reviews for potential targets. The company is involved in the broader financial market ecosystem, aligning with investment trends in Korea. Kyobo 16 SPAC is part of the Kyobo financial group ecosystem but functions independently as a SPAC vehicle aimed at facilitating mergers and acquisitions rather than direct product or service offerings. The company's recent strategic focus has been on identifying and negotiating with potential growth companies for merger, reflecting typical SPAC operational dynamics since inception. In summary, Kyobo 16 Special Purpose Acquisition Company specializes in providing acquisition and merger services through the vehicle of a SPAC, supporting growth-stage companies seeking capital market access primarily in South Korea, with its latest major activity centered on IPO completion and ongoing merger pursuits since its 2024 founding and Seoul headquarters establishment.