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IBKS No.25 to merge into Celltrix via SPAC deal

RECENTLY ACQUIREDNov 03, 2026

Acquiring Company

Celltrix

Acquired Company

IBKS No.25 Special Purpose Acquisition

South KoreaSouth KoreaFinancial Services

Description

IBKS No.25 has called an extraordinary shareholders meeting to approve its merger with Celltrix, which would make Celltrix the surviving company. Celltrix would issue 2,758,139 common shares to IBKS No.25 shareholders at a merger ratio of 1:0.4612273, with no separate cash consideration. Dissenting shareholders may exercise appraisal rights at a proposed price of KRW 2,046, and the deal may be terminated if approval fails or dissenting shares reach at least 33.33%.

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Company Information

Company

Celltrix

Location

South Korea

About

Celltrix is a South Korean operating company that would survive the proposed merger with IBKS No.25. The transaction is intended to strengthen its financial structure, diversify and stabilize its business, improve competitiveness and enhance management efficiency. The text does not provide further details about Celltrix's business.

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Frequently asked

Who acquired IBKS No.25 Special Purpose Acquisition?

IBKS No.25 Special Purpose Acquisition was acquired by Celltrix, based in South Korea. The deal was reported on November 3, 2026. Celltrix is a South Korean operating company that would survive the proposed merger with IBKS No.25. Celltrix is privately held and operates in Financial Services.

When did Celltrix acquire IBKS No.25 Special Purpose Acquisition?

Celltrix's acquisition of IBKS No.25 Special Purpose Acquisition was reported on November 3, 2026. IBKS No.25 has called an extraordinary shareholders meeting to approve its merger with Celltrix, which would make Celltrix the surviving company. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does IBKS No.25 Special Purpose Acquisition do?

IBKS No.25 Special Purpose Acquisition Co. is a special purpose acquisition company listed on the Korea Exchange under code KR:0099X0. It has called an extraordinary shareholders meeting to approve its merger with Celltrix. It is privately held, and is based in South Korea.

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