XAVIS CO., Ltd., formerly IBKS NO.5 SPECIAL PURPOSE ACQUISITION COMPANY, is a Korea-based company mainly engaged in manufacturing and sale of industrial inspection equipments. The Company manufactures and sells industrial x-ray inspection equipments for printed circuit boards (PCBs), surface mounting technology (SMT), semiconductor packaging and light emitting diode (LED) products, automobile parts and batteries and other industrial parts. In addition, the Company manufactures and sells inspection equipments for foods and pharmaceuticals. And the Company also engaged in after-sales service and maintenance for inspection equipments. The Company distributes its products within the domestic market and to overseas markets, including Europe, Asia and United States.