W Asset Management Increases Stake in Kiwoom No.11 SPAC to 6.72% via Open Market Purchases for Simple Investment


  • W Asset Management increased its shareholding in Kiwoom No.11 SPAC by 69,275 shares, raising its stake from 5.67% to 6.72%, a 1.05 percentage point increase.
  • The acquisitions were executed through open market purchases from June 23 to June 30, 2026, at average prices between 2,038 KRW and 2,040 KRW per share.
  • On July 7, 10,725 shares were sold in the market, resulting in a current holding of 443,536 shares.
  • The filer explicitly states the purpose as simple investment, without any intention to influence management.
  • W Asset Management holds the stake through nine separate funds and remains a regulated asset manager in compliance with disclosure rules.
  • [AI Summary]This filing reflects a routine minor increase by an existing major shareholder with no dilution or governance impact. The open market transactions are neutral for the stock price outlook, and no special risks are identified.

KOSDAQ Filing Information


  • Report on Large Shareholding (Short Form)
  • Company: Kiwoom No.11 Special Purpose Acquisition (489480)
  • Submission: W Asset Management

  • Shares: 6,600,000
  • Price: 2,025 KRW
  • Market Cap: 13.4 B KRW