Mirae Asset Vision Special Purpose Acquisition 7미래에셋비전스팩7호

Mirae Asset Vision SPAC 7 is a blank-check shell with no operating business, trading near ₩2,055 while a merger decision is pending.

The company is a special purpose acquisition company listed on KOSDAQ that exists to merge with a target business, not to run one itself. Its filings show small losses at the operating level, with reported net income coming mainly from non-operating items, and no revenue line in the data. The share price has been flat over one and three months and is up 2.2% over one year.

What stands out

• Trailing twelve-month operating income is about -₩61M, while net income is about ₩243M, so reported profit is not coming from the core activity.
• The data shows no revenue for the company, so margin and revenue growth figures are not available.
• Cash of about ₩3.7B is set against borrowings of about ₩3.4B, and liabilities are 21.3% of equity.
• The stock trades at about 70 times trailing earnings and 1.0 times book, with no dividend, and the data gives no fair value estimate.
• Recent filings include a merger decision in May 2026, an amended version of that decision in September 2026, and a change to the deposit and trust agreement in September 2026.

What to watch

• Whether the pending merger proceeds, changes or is terminated, based on the amended merger decision filing from 30 September 2026 and any later filings.
• The next half-year or quarterly reports, for signs of how the company's cash and borrowings change.
• The data does not name a target company or give details of the merger terms, so these should be checked directly in the filings.