SPAC III Acquisition Corp. Files S-1 for Blank Check Offering

Ticker: ASPCR · Form: S-1 · Filed: Oct 1, 2024 · CIK: 1890361

Sentiment: neutral

Topics: spac, ipo, real-estate, construction

TL;DR

SPAC III Acquisition Corp. just filed its S-1, looks like they're raising cash for a real estate/construction SPAC deal.

AI Summary

SPAC III Acquisition Corp. filed an S-1 registration statement on September 30, 2024, for an unspecified amount of securities. The company, incorporated in the British Virgin Islands, is a blank check company focused on real estate and construction. Its principal executive offices are located at The Sun's Group Center, 29th Floor, 200 Gloucester Road, Wan Chai, Hong Kong.

Why It Matters

This S-1 filing indicates SPAC III Acquisition Corp. is preparing to raise capital through a public offering, likely to fund a future acquisition in the real estate or construction sectors.

Risk Assessment

Risk Level: medium — SPACs inherently carry risk due to their reliance on finding and completing a suitable acquisition within a set timeframe.

Key Numbers

Key Players & Entities

FAQ

What is the target industry or specific acquisition SPAC III Acquisition Corp. is seeking?

The filing indicates a primary Standard Industrial Classification Code of 6770 for 'BLANK CHECKS' and mentions 'Real Estate & Construction' in the company data, suggesting a focus, but does not specify a target company or deal.

What is the total amount of capital SPAC III Acquisition Corp. intends to raise?

The S-1 filing does not specify the dollar amount of securities to be registered or offered.

When is the expected completion date for the acquisition?

The S-1 filing does not provide an expected completion date for any potential acquisition.

Who are the underwriters for this offering?

The S-1 filing does not list any underwriters in the provided text.

What is the business address of SPAC III Acquisition Corp.?

The business address is listed as 58/F, CHEUNG KONG CENTER, 2 QUEENS ROAD CENTRAL, CENTRAL, K3, 00000, Hong Kong.

Filing Stats: 4,620 words · 18 min read · ~15 pages · Grade level 16.7 · Accepted 2024-10-01 06:06:45

Key Financial Figures

Filing Documents

From the Filing

As filed with the U.S. Securities and Exchange Commission on September 30, 2024. Registration No. 333- [ · ] UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 A SPAC III Acquisition Corp. (Exact name of registrant as specified in its charter) British Virgin Islands 6770 N/A (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) The Sun’s Group Center, 29th Floor, 200 Gloucester Road, Wan Chai Hong Kong Telephone : +852 9258 9728 (Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices) Cogency Global Inc. 122 East 42nd Street, 18th Floor New York, NY 10168 Telephone : +1 (212) 947-7200 (Name, address, including zip code, and telephone number, including area code, of agent for service) Copies to: Giovanni Caruso Loeb & Loeb LLP 345 Park Avenue New York, NY 10154 (212) 407-4000 Barry Grossman, Esq. Lijia Sanchez, Esq. Ellenoff Grossman & Schole LLP 1345 Avenue of the Americas New York, NY 10105 (212) 370-1300 Approximate date of commencement of proposed sale to the public: As soon as practicable after the effective date of this registration If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933 check the following box. If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer Accelerated filer Non-accelerated filer Smaller reporting company Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. The Registrant hereby amends this Registration Statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8(a) of the Securities Acts of 1933, as amended, or until the Registration Statement shall become effective on such date as the Securities and Exchange Commission, acting pursuant to said Section 8(a), may determine. The information in this prospectus is not complete and may be changed. We may not sell these securities until the registration statement filed with the Securities and Exchange Commission is effective. This prospectus is not an offer to sell these securities and it is not soliciting an offer to buy these securities in any jurisdiction where the offer or sale is not permitted. SEPTEMBER 30, 2024 PRELIMINARY PROSPECTUS $55,000,000 A SPAC III Acquisition Corp. 5,500,000 Units A SPAC III Acquisition Corp. is a blank check company incorporated as a BVI business company and incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. Although there is no restriction or limitation on what industry or geographic region our target operates in, it is our intention to pursue prospective targets that are in the Environmental, Sustainability and Governance (ESG) and material technology sector, which we believe have an optimistic growth trajectory for the coming years. We also intend to focus on prospective target businesses that have potential for revenue growth and/or operating margin expansion with recurring reven

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