SK Securities No.11 SPAC enters liquidation after delisting triggers dissolution clause
Bitget2026/09/30 10:38- 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.
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