KB No.30 Special Purpose AcquisitionKB제30호스팩

KB No.30 is a shell SPAC with no revenue and no merger target yet, so its share price and results mostly reflect its cash and interest income.

KB No.30 Special Purpose Acquisition was set up in June 2024 to find and merge with a private company. As of late October 2026 the shares closed at ₩2,050, about ₩10.9B in market value, and the stock has moved very little over one month, three months and one year. The company reports zero revenue and small operating losses, with its positive net income likely coming from other income rather than business activity.

What stands out

• Trailing net income was about ₩200M for the period to H1 2026, while operating income was a loss of about ₩30M, so the profit does not come from operations.
• Revenue is zero in both 2024 and 2025 and in the trailing period, so operating margins cannot be calculated.
• Borrowings of about ₩1.52B are much larger than cash of about ₩249M on the reported figures, and the company's liabilities are 15% of equity.
• The share price trades near its 52-week range, between ₩2,000 and ₩2,145, and the trailing P/E of about 54 is high mainly because earnings are tiny.
• The company's filings show foreign ownership down from 0.6% to 0.3% over 60 days, and 20-day flows show net selling by foreign and institutional investors.

What to watch

• A named merger target or any announced business combination, which the profile says has not yet been chosen and would change the company's outlook.
• The September 2026 filing on changes to the deposit and trust agreement, whose terms and effect are not described in the data provided.
• The next quarterly report, due around mid-November based on the filing pattern, and whether net income continues to come from non-operating sources.