SPAC

IBKS No.25 Special Purpose Acquisition Company

IBKS제25호스팩

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What the company does

IBKS No. 25 is a special purpose acquisition company (SPAC) that plans to merge with a target company after its IPO. The filing does not describe a specific operating business.

Market
KOSDAQ
Price range
Not set yet
Offer price
₩2,000
Subscription
Dec 9 – Dec 10
Payment date
Dec 12, 2025
Listing
Dec 19, 2025
Shares offered
5,000,000
Raising
₩10B
First day
▲ +35.7% ₩2,715
First close vs the offer price

Lead managers: 아이비케이투자증권

Filings

How a Korean IPO works: institutions bid first (the demand forecast), which sets the final offer price; then individuals subscribe for two days through the lead managers' brokerage accounts; shares start trading on the listing date.

Dates and prices can change until the final terms are filed. Not financial advice. · Updated Oct 17, 2026 · IPO calendar