NH SPAC 33 Quarterly Report: Post-Listing Merger Preparation, Stable Financial Structure

NH SPAC 33 listed on KOSDAQ on March 27, 2026, with all IPO proceeds of 12.7 billion won deposited at Kookmin Bank
Merger target not yet identified; must complete merger registration within 36 months of listing (by March 2029)
Total assets of 14.97 billion won, liabilities of 0.89 billion won (including convertible bonds carrying value of 0.64 billion), equity of 14.08 billion won at quarter-end
No operating revenue, operating expenses of 24 million won (salaries, fees), net loss of 14 million won for the quarter
Pre-IPO shareholders (NH Investment, ACPC, Brick Investment) agreed to restrict voting rights and waive appraisal rights in the merger shareholder meeting