SPAC

Kyobo 20 Special Purpose Acquisition Company

교보20호스팩

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What the company does

The company is a special purpose acquisition company (SPAC) whose sole business purpose is to list on KOSDAQ and then merge with an unlisted company. It has no other business operations.

Market
KOSDAQ
Price range
₩2,000 – ₩2,000
Offer price
₩2,000
Subscription
Mar 23 – Mar 24
Payment date
Mar 26, 2026
Listing
Apr 2, 2026
Shares offered
5,400,000
Raising
₩10.8B
First day
▲ +1.0% ₩2,020
First close vs the offer price

Lead managers: Kyobo Securities

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 16, 2026 · IPO calendar