HBL Inc. agreed to acquire DB Finance No.10 Special Purpose Acquisition Co., Ltd. (KOSDAQ:A404950) in reverse merger transaction on April 3, 2023. When the merger between HBL Corporation and DB Finance No.10 Special Purpose Acquisition Co., Ltd. is completed, HBL Corporation becomes a surviving corporation, and DB Finance No.10 Special Purpose Acquisition Co., Ltd. becomes a extinguished corporation. The effect of listing HBL Corporation, a corporation, on the KOSDAQ market will occur.