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.
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