Daishin Balance No.17 SPAC Records Net Profit of 104M Won in Q1 2026

SPAC 'Daishin Balance No.17' Q1 2026 quarterly report
As of Mar 31, 2026: total assets 13,397M won, liabilities 1,231M won, equity 12,166M won
Q1 operating loss 9.3M won, financial income 78.6M won, financial costs 25.3M won, net profit 104.4M won (up from 48.1M won YoY)
IPO proceeds of 11B won fully deposited with Kookmin Bank, restricted from withdrawal before merger
Merger deadline: within 36 months from IPO (by Jan 2027); dissolution if not completed
No target selected yet; focus industries per articles: renewable energy, bio/pharma, 2nd battery, etc.