NH SPAC 29: Merger with SemiTS Approved and in Progress


  • Merger with SemiTS Co., Ltd. was approved at an extraordinary general meeting on April 17, 2026
  • Q1 2026 total assets of KRW 31.77 billion, net income of KRW 156 million (interest income), no operating revenue
  • 100% of IPO proceeds (KRW 25.5 billion) deposited with KB Kookmin Bank, merger target size requirement (≥80% of trust funds) expected to be met
  • If merger not completed by June 2026 (36 months post-listing), dissolution risk exists

KOSDAQ Filing Information


  • Filing: Quarterly Report (2026.03)
  • Company: NH SPECIAL PURPOSE ACQUISITION 29 (451700)
  • Submission: NH SPECIAL PURPOSE ACQUISITION 29 COMPANY
  • Receipt: 05-13-2026