[Market Focus] NH SPAC No.33 Soars Over 180% on KOSDAQ Debut
NH SPAC No.33 is showing a strong surge in the early session on its first day of listing on KOSDAQ.
As of 9:27 a.m. on March 27, NH SPAC No.33 is trading at 5,650 won, up 3,650 won or 182.5% from its IPO price.
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A Special Purpose Acquisition Company (SPAC) is a listed company established for the purpose of merging with a private company to help it go public, and must complete a merger within three years. NH SPAC No.33 plans to pursue mergers with companies in high-growth sectors such as renewable energy and robotics applications.
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