Mirae Asset Vision SPAC 8 Reports Q1 2026 Net Profit of 23 Million KRW; Merger Deadlines in Place

SPAC Mirae Asset Vision SPAC 8 recorded net profit of 23.2 million KRW in Q1 2026 (vs net loss of 0.9 million KRW in prior period).
Total assets 15.0 billion KRW, equity 12.6 billion KRW, liabilities 2.4 billion KRW (including convertible bonds of 2.3 billion KRW).
IPO proceeds of 12.12 billion KRW fully deposited with Korea Securities Finance Corporation; cannot be withdrawn until merger completion.
Merger deadline: Must complete merger registration within 36 months from IPO payment date (Nov 21, 2025), i.e., by Nov 21, 2028.
Pre-IPO shareholders' voting rights restricted: They cannot vote on merger approval at shareholders' meeting.
Convertible bonds of 2.66 billion KRW (conversion price 1,000 KRW) issued; subject to 6-month lock-up after listing.
No dividends: SPAC policy of no dividend distribution maintained.