Hana 31 SPAC enters liquidation after delisting triggers dissolution clause
Bitget2026/09/29 04:43- Hana 31 Special Purpose Acquisition Company moved toward liquidation following a delisting-triggered dissolution under its articles of association.
- Current directors will serve as liquidators, with the wind-up to proceed under the Korean Commercial Act.
- Escrowed funds will be distributed pro rata to shareholders excluding pre-IPO holders.
- Any remaining assets beyond escrow will be paid to pre-IPO issued shares and IPO shares under the company’s charter.
- Key liquidation terms were confirmed on Sept. 29, 2026.
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.
You may also like
About 700,000 BTC have flowed out of exchanges in the past year.
Korean retail investors shift to the US in Q3: Sold over 5.5 trillion won of Korean stocks, purchased more than 10 trillion won of US stocks
In the third quarter, Korean retail investors made net purchases of US stocks worth approximately 10.15 trillion won, marking a complete reversal from the previous pattern in the first half of the year, when they made net purchases of nearly 100 trillion won in KOSPI stocks. In September alone, the sell-off amount reached as high as 14.2 trillion won. Analysts attribute this shift to a combination of factors: a sharp decline in KOSPI at high levels, the continued strength of the US stock market driven by AI themes, and the appreciation of the Korean won reducing currency exchange costs.
Copper prices approach historic highs! UBS remains bullish: "Still most optimistic"
Crypto prices
More
