A SPAC III Acquisition Corp.

General Information
Business:

We are a blank check company based in Hong Kong. (Incorporated in the British Virgin Islands)

We intend to search for target companies in the environmental, sustainability and governance (ESG) and material technology sectors. We plan to acquire one or more companies with a total enterprise value of between $100 million and $600 million. 

Claudius Tsang, our CEO, CFO and chairman of the board of directors, has over 20 years of experience in capital markets, with a strong track record of success in private equity, M&A transactions and PIPE investments, with a focus on Greater China and other emerging markets. Mr. Tsang is a former partner in Franklin Templeton, where he was the co-head of private equity of North Asia.

(Note: A SPAC III Acquisition Corp. priced its SPAC IPO on Thursday night, Nov. 7, 2024, in sync with the terms in the prospectus – 5.5 million units at $10.00 each – to raise $55.0 million. Each unit consists of  one share of common stock and one right to receive one-tenth (1/10) of a share of common stock upon consummation of the initial business combination.)

(Background: A SPAC III Acquisition Corp. filed its F-1 on Oct. 1, 2024, and disclosed the terms for its SPAC IPO: The company is offering 5.5 million units at $10.00 each to raise $55.0 million. Under the original terms – which were later revised – each unit consisted of one share of common stock and one right to receive one-fourth (1/4) of a share of common stock upon consummation of the initial business combination.)

Industry: BLANK CHECKS
Employees: 0
Founded: 2021
Contact Information
Address The Sun’s Group Center, 29th Floor, 200 Gloucester Road, Wan Chai Hong Kong
Phone Number +852 9258 9728
Web Address
View Prospectus: A SPAC III Acquisition Corp.
Financial Information
Market Cap $74.03mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol ASPCU
Exchange NASDAQ
Shares (millions): 5.5
Price range $10.00 - $10.00
Est. $ Volume $55.0 mil
Manager / Joint Managers Maxim Group LLC
CO-Managers
Expected To Trade: 11/8/2024
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change