Delisting Risk Due to Failure to Submit Merger Listing Preliminary Review Application... Investor Caution Advised

Korea No.13 Special Purpose Acquisition Company has been designated as a managed item for failing to submit a merger listing preliminary review application, and if not submitted by June 5, 2026, delisting procedures will commence.
As a SPAC, the company must submit the application at least six months before its existence period ends. Failure to do so has led to delisting concerns.
If delisted, a 7-day cleanup trading period will be allowed before delisting, potentially causing severe losses for shareholders. Current price is 2,110 KRW, market cap about 9.1 billion KRW.