Helix Acquisition CORP. III (HLXC) — SEC Filings

Overview

Helix Acquisition CORP. III (HLXC) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a S-1 filed on Dec 8, 2025: Helix Acquisition Corp. III (HLXC) is launching an initial public offering of 12,500,000 Class A ordinary shares at $10.00 per share, aiming to raise $125,000,000. The blank check company, sponsored by Helix Holdings III LLC, intends to complete a business combination within 24 months of the offerin

Sentiment Summary

Across 1 filings, the sentiment breakdown is: 1 bearish. The dominant filing sentiment for Helix Acquisition CORP. III is bearish.

Filing Type Overview

Helix Acquisition CORP. III (HLXC) has filed 1 S-1 with the SEC between Dec 2025.

Recent Filings (1)

• Helix III Launches $125M SPAC IPO, No Warrants Included — S-1 · Dec 8, 2025 Risk: high
  Helix Acquisition Corp. III (HLXC) is launching an initial public offering of 12,500,000 Class A ordinary shares at $10.00 per share, aiming to raise $125,000,0

Risk Profile

Risk Assessment: Of HLXC's 1 recent filings, 1 were flagged as high-risk, 0 as medium-risk, and 0 as low-risk. The overall risk profile suggests elevated risk that warrants close monitoring.

Key Executives

• Joel L. Rubinstein
• Christian O. Nagler, P.C.

Industry Context

The Special Purpose Acquisition Company (SPAC) market has seen significant activity, but also increased regulatory scrutiny. SPACs offer an alternative route to public markets for companies compared to traditional IPOs. However, the success of a SPAC is heavily reliant on the management team's ability to identify and execute a suitable business combination within a limited timeframe.

Top Tags

SPAC (1) · Blank Check Company (1) · IPO (1) · Dilution (1) · Conflict of Interest (1) · Cayman Islands (1) · Nasdaq Listing (1)

Key Numbers

• Gross proceeds from IPO: $125,000,000 — Amount to be raised from the sale of 12,500,000 Class A ordinary shares at $10.00 each.
• Class A ordinary shares offered: 12,500,000 — Number of shares available in the initial public offering.
• Initial public offering price per share: $10.00 — The price at which Class A ordinary shares are being offered to the public.
• Completion window for business combination: 24 months — The timeframe Helix Acquisition Corp. III has to complete its initial business combination from the closing of the offering.
• Nominal purchase price per founder share: $0.007 — The approximate price paid by the sponsor for the 3,533,750 Class B ordinary shares, indicating significant dilution for public shareholders.
• Private placement purchase price: $4,500,000 — Amount committed by Helix Holdings III LLC to purchase 450,000 Class A ordinary shares simultaneously with the IPO.
• Adjusted NTBVPS (no over-allotment, no redemptions): $7.68 — The pro forma net tangible book value per share after the offering, showing immediate dilution from the $10.00 offering price.
• Total underwriting discounts and commissions: $5,000,000 — Comprises $1,250,000 payable upon closing and $3,750,000 deferred until business combination completion.
• Monthly administrative services fee: $6,458 — Amount paid to the sponsor for office space and administrative services.
• Maximum loan from sponsor for offering expenses: $300,000 — Unsecured, non-interest bearing promissory note from the sponsor for offering-related and organizational expenses.

Frequently Asked Questions