Mirae Asset Vision SPAC 11 Reports Q1 2026 Operating Loss of 39.4 Million Won; No Merger in Progress

Q1 2026 net profit of 28.7 million won (vs. net loss of 4.1 million won in prior period), interest income of 89.1 million won
Total assets 14.89 billion won, total liabilities 1.84 billion won, equity 13.05 billion won
Convertible bonds (issued Aug 28, 2025, face value 2 billion won, conversion price 1,000 won) carrying amount 1.75 billion won
Cash and cash equivalents 71.4 million won, short-term financial instruments 14.7 billion won (including IPO proceeds)
SPAC merger condition: must complete within 36 months; no target identified yet
No dividends, no share buyback or cancellation