Meritz No.2 Special Purpose Acquisition메리츠제2호스팩

Meritz No.2 is a newly listed SPAC shell trading near book value with no reported operating results yet.

Meritz No.2 Special Purpose Acquisition listed on KOSDAQ on 2026-06-19 and is classed under Financials. The data shows a share price of ₩1,940 and a market cap of about ₩14.0B, with cash of about ₩2.5B and borrowings of about ₩2.6B. No revenue, operating income, net income or company profile is included in the data, so the business itself cannot be assessed from this pack.

What stands out

• Price of ₩1,940 sits near the 52-week low of ₩1,920 and well below the high of ₩5,570.
• Price-to-book is 1.0 and the liabilities-to-equity ratio is 15.5%.
• The company's own fair value model gives a base of ₩1,562, a bear case of ₩920 and a bull case of ₩2,399, based on an excess-return method at a 9.6% rate.
• Foreign ownership fell from 3.9% to 1.9% over about 60 days, while 20-day retail flows were negative and institutional flows were positive.
• Filings since listing are mainly holding reports, insider shareholding reports and securities issuance paperwork, including a half-year report for June 2026.

What to watch

• The contents of the half-year report filed 2026-08-14, which the data does not include in detail.
• Any further 5%+ holding or insider filings that could change ownership.
• The data gives no news headlines and no company profile, so any plan for a merger target is not confirmed here.