Korai Flix to Go Public in US via SPAC Deal

South Korean entertainment platform Korai Flix will list on the New York Stock Exchange through a 3.5 billion dollar SPAC merger with APEX Tech Acquisition. The deal is expected to close in early 2027.

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Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., September 28, 2026. REUTERS/Brendan McDermid

South Korea-based entertainment platform Korai Flix will go public in the United States through a $3.5B SPAC merger with APEX Tech Acquisition, the companies said on Wednesday. The transaction arrives as blank-check listings stage a recovery in public markets after years of subdued activity. The deal gives institutional investors direct exposure to the booming market for AI-generated short dramas across Asian territories.

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