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Agreement signedPublished 8 May 2026

Ribbon Acquisition Corp /
DRC Medicine Ltd.

Ribbon signs deal to combine with DRC Medicine

Buy side: Ribbon Acquisition Corp
Buy sideRibbon Acquisition Corp
Target: DRC Medicine Ltd.
TargetDRC Medicine Ltd.
DRC Medicine Inc. · 8 May 2026Source
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Buy side: Ribbon Acquisition Corp
Buy sideRibbon Acquisition Corp
Target: DRC Medicine Ltd.
TargetDRC Medicine Ltd.
01 / BuyerRibbon Acquisition Corp
02 / TargetDRC Medicine Ltd.
Source for the buyer and target: DRC Medicine Inc.

For the buyer and target.

“Unless otherwise indicated or the context otherwise requires, references in this summary to “Ribbon,” the “SPAC,” “we,” “us” or “our” refer to Ribbon Acquisition Corp and references to “DRC” refer to DRC Medicine Ltd. prior to the Business Combination.”

Published 8 May 2026

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01

What happened

Ribbon Acquisition Corp, a Cayman Islands SPAC listed on Nasdaq, agreed to a business combination with DRC Medicine Ltd., a Japanese company, through a share exchange, domestication to Delaware and a merger. The deal was agreed on June 30, 2025, and the filing does not disclose a transaction value. [01]

02

The source

Everything on this page comes from the source below, quoted word for word.

01
Source · DRC Medicine Inc.

Ribbon signs deal to combine with DRC Medicine

This document is the source for the companies, stage and people on this page.

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03

Timeline

Every date the source states, in order, each with the words it comes from. Anything marked ahead is a target the source gives, not something that has happened.

  1. Agreement signed

    “The deal was agreed on June 30, 2025, and the filing does not disclose a transaction value”

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  2. Published by DRC Medicine Inc.

    The source this page is built from.

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