W Asset Management Acquires 5.52% Stake in Shinhan 12th SPAC for Simple Investment, Limited Price Impact

As of June 19, 2026, W Asset Management holds 304,534 shares of Shinhan 12th SPAC, representing a 5.52% ownership stake.
The stake was acquired through open market purchases for simple investment purposes, with no new issuance or dilution effect given the total outstanding shares of 5,520,000.
The filer is a registered financial institution, W Asset Management, with no special relations, and the filing is classified as routine investment activity.
This disclosure is triggered by the 5% threshold under the Capital Markets Act, explicitly stating no intent to influence management.
No shareholder return policies such as treasury stock acquisition or dividends are mentioned in this report.
W Asset Management reports total managed assets of approximately 1.326 trillion KRW and equity of about 39.3 billion KRW, indicating sound financial health.
[AI Summary]W Asset Management's acquisition of a 5.52% stake in Shinhan 12th SPAC via open market purchases is a simple investment with no dilution or capital structure changes, thus limited impact on existing shareholder value. Short-term price volatility is low, but future SPAC merger outcomes and the asset manager's trading activity could influence the stock.