Samsung SPAC10 Reports Q1 2026 Net Profit of 37M Won, No Merger Progress

Samsung SPAC10 recorded net profit of 37 million won in Q1 2026 (vs. loss of 125 million won in prior period)
Total assets 16.9 billion won, total liabilities 2.2 billion won (convertible bonds 2.48 billion won), total equity 14.7 billion won
IPO proceeds of 14 billion won fully deposited with KB Kookmin Bank, cannot be withdrawn until merger completion
Merger deadline: by August 2028 (36 months from IPO payment date); no merger target identified yet
EPS: 5 won (vs. loss per share of 31 won in prior period)
No dividends, no share buyback or cancellation