Yuanta 17 SPAC Files Q1 Report for 3rd Fiscal Year

Yuanta 17 SPAC submitted its quarterly report for the 1st quarter of the 3rd fiscal year (Jan 1, 2026 – Mar 31, 2026).
As of quarter-end: total assets KRW 12.39bn, total liabilities KRW 1.83bn, total equity KRW 10.56bn.
No operating revenue; operating expenses KRW 16.95mn; net income KRW 44.14mn (mainly interest income).
IPO proceeds (KRW 10bn) fully deposited/trusted with Kookmin Bank, not withdrawable until merger completion.
Total issued shares: 5,310,000 (par value KRW 100), share capital KRW 531mn.
Unsecured private convertible bonds of KRW 1.99bn (conversion price KRW 1,000) outstanding.
No target company identified yet; merger to be completed within 36 months from IPO payment date.
No dividend policy; no dividends paid or planned.