NH SPAC 29: Merger with SemiTS Approved and in Progress
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Merger with SemiTS Co., Ltd. was approved at an extraordinary general meeting on April 17, 2026
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Q1 2026 total assets of KRW 31.77 billion, net income of KRW 156 million (interest income), no operating revenue
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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
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If merger not completed by June 2026 (36 months post-listing), dissolution risk exists
KOSDAQ Filing Information
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Filing: Quarterly Report (2026.03)
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Company: NH SPECIAL PURPOSE ACQUISITION 29 (451700)
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Submission: NH SPECIAL PURPOSE ACQUISITION 29 COMPANY
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Receipt: 05-13-2026