SK Securities No.11 SPAC enters liquidation after delisting triggers dissolution clause

Bitget2026/09/30 10:38

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SK Securities No.11 SPAC entered liquidation following its delisting before completing a merger registration.
Current directors will act as liquidators under Korean commercial law.
Escrowed funds will be distributed pro rata to shareholders, excluding pre-IPO shareholders.
Any remaining assets beyond escrow will be paid under the company’s articles, covering pre-IPO and IPO shares.
The liquidation-related decision date was Sept. 30, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SK Securities No.11 Special Purpose Acquisition Company published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20260930901224), on September 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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SK Securities No.11 SPAC enters liquidation after delisting triggers dissolution clause

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