HMCIB No.6 SPAC to be delisted on May 19 and dissolved due to failed merger

The company (HMCIB No.6 SPAC) is scheduled to be delisted from KOSDAQ on May 19, 2026 (Article 73 of Listing Regulations)
Reason: Failure to complete merger registration within 36 months from the initial public offering subscription date (October 2023)
Dissolution proceeding under Article 59 of the articles; deposited funds (IPO proceeds of 8 billion won plus interest) to be distributed to public shareholders proportionally
Pre-IPO shareholders (founders, etc.) excluded from deposit distribution; residual assets distributed per Article 60 order
As of March 31, 2026: total assets 97.63 billion won, equity 87.64 billion won, net profit 25.56 million won (EPS 5.88 won)
Entire IPO funds (8 billion won) held in trust at KB Kookmin Bank; convertible bonds of 1,055 million won (face value) held by founders
Current stock price (~2,090 won) trades above estimated liquidation value (~2,000 won per share including interest)