Samsung Special Purpose Acquisition 13삼성스팩13호

Samsung Special Purpose Acquisition 13 is a shell company with no business yet, holding about ₩0.3B cash and ₩1.45B borrowings and no merger target named.

This is a blank-check SPAC listed on KOSDAQ in January 2026, whose only purpose is to find and merge with a private company; it has not yet chosen a target. Its latest half-year figures show an operating loss of about ₩15M and a net loss of about ₩20M, with no revenue reported. The share price is ₩1,994, well below its 52-week high of ₩9,300 but up from a low of ₩1,960.

What stands out

• The company reports no revenue, so margins and revenue growth are not available in the data.
• Trailing net loss is about ₩20M with return on equity at -0.2%, reflecting its shell status rather than an operating business.
• Borrowings of about ₩1.45B far exceed cash of about ₩0.3B, and liabilities are 11.4% of equity.
• Market value is about ₩14.7B, with a price-to-book ratio of 1.1 and no dividend yield.
• Recent filings are mainly routine reports and 5%+ holding notices; no merger announcement appears in the data, and no news headlines were provided.

What to watch

• Whether the company names a merger target, which is the step its stated purpose depends on; nothing in the data indicates one yet.
• Future filings on how the borrowings and cash position change, since the data shows more debt than cash.
• Share price behaviour: the stock is down sharply from its 52-week high, and the data does not explain why.