Shinhan 12th Special Purpose Acquisition Co. functions as a newly formed... Shinhan 12th Special Purpose Acquisition Co. functions as a newly formed entity, currently in its development phase. Its core objective is to execute a strategic business combination, which may involve a merger, capital stock exchange, asset acquisition, stock purchase, or corporate reorganization, with one or more target enterprises. This company was established on December 14, 2023, and its principal office is located in Seoul, South Korea.