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Black Spade Acquisition III Co

Communications Services, NEC · BIII

follow-on trading filed Nasdaq F-4

Black Spade Acquisition III Co IPO research page with SEC filing history, offering status, deal terms, structured filing extracts, company news, and comparable IPO context. Latest filing: F-4 on 2026-10-15. Current deal snapshot: exchange Nasdaq.

Filing Timeline

SEC EDGAR
F-4 filed
F-4
Pre-IPO filing captured from the SEC submission timeline.
Follows S-1/A in the pre-IPO sequence.
Price $10.00 · 2,250,000 shares · Gross proceeds $22,500,000
Units · Exchange NASDAQ · Ticker BSPC · Over-allotment 2,250,000 · Each Unit consists of one share of Class A common stock and one warrant · Private Placement Warrants · Use of proceeds debt repayment, working capital, acquisitions · Flags units, warrants
2026-10-15 · 0001213900-26-109899
DRS filed
Draft registration statement
Draft registration filed confidentially before the public launch.
Begins the tracked draft filing sequence after S-1/A.
Black Spade Acquisition III Co's current filing (DRS) provides unaudited financial statements as of June 30, 2026, showing $175.5M in cash held in a Trust Account, $753K in current assets, and $7.7M in liabilities. The company reported $1.9M net income for the six months ended June 30, 2026, driven by interest income from the Trust Account. The filing confirms the completion of an initial public offering (IPO) with 17.25M units issued at $10.00 per unit, generating $172.5M in gross proceeds. Deferred underwriting fees of $6.9M and $3.3M in repayment of related-party advances are noted. The company remains an early-stage entity focused on identifying a business combination target.
2026-09-11 · 0001213900-26-099367
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
Follows S-1 in the pre-IPO sequence.
2026-09-01 · 0001104659-26-104338
425 supplemental
425
Pre-IPO filing captured from the SEC submission timeline.
First tracked pre-IPO filing for this issuer.
2026-08-27 · 0001104659-26-102032
424B3 priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows EFFECT and confirms the priced prospectus.
Price $10.00 · 15,000,000 shares · Gross proceeds $150,000,000
Class A ordinary shares · Exchange NYSE · Ticker BIIIU · Over-allotment 2,250,000 · Each unit includes one Class A ordinary share and one-third of one warrant · Each warrant entitles holder to purchase one Class A share at $11.50 per share · Use of proceeds General corporate purposes · Flags cayman_holding_company, units, warrants · Underwriters Cohen & Company Securities, LLC, Chardan Capital Markets
Black Spade Acquisition III Co's 424B3 filing outlines key terms for its IPO, including redemption rights for public shareholders, trust account management, and private placement warrants. The company has 24 months (extendable to 27) to complete a business combination, with a trust account holding $150M (or $172.5M with over-allotment) for redemptions. The sponsor and underwriters have committed to private placement warrants, and Class B shares will convert to Class A upon combination. The filing details underwriter options, anti-dilution provisions, and listing on NYSE under symbols BIIIU, BIII, and BIIIW.
2026-01-07 · 0001104659-26-001667
EFFECT effective
SEC effectiveness notice
SEC declared the registration statement effective, allowing the offering to proceed.
Follows 8-A12B and marks the registration effective.
Black Spade Acquisition III Co's S-1 registration statement became effective on January 5, 2026, enabling the上市 of units, Class A ordinary shares, and redeemable warrants. This follows prior registration under Form 8-A12B, which outlined the securities structure for listing on the New York Stock Exchange.
2026-01-05 · 9999999995-26-000064
8-A12B effective
Exchange Act registration
Registration filed to list the securities under the Exchange Act ahead of trading.
Follows CERT and registers the class of securities for exchange listing.
Black Spade Acquisition III Co filed an 8-A12B to register units, Class A ordinary shares, and redeemable warrants on the New York Stock Exchange. The filing incorporates by reference the prospectus from its S-1 registration statement (File No. 333-290602) initially filed on September 30, 2025, and includes details about the securities' structure, including warrants exercisable at $11.50 per share.
2026-01-05 · 0001104659-26-000462
S-1/A amended
Amended registration statement
Updated registration statement filed after SEC comments or deal changes.
Updates the prior S-1/A filing.
17,250,000 shares
Units · Exchange NYSE · Over-allotment 1,150,000 · Units consisting of one Class A ordinary share and a warrant · Warrants exercisable to purchase one Class A ordinary share at $11.50 per warrant, priced at $0.50 each · Use of proceeds For working capital and potential acquisitions · Flags cayman_holding_company, units, warrants · Underwriters underwriters
Black Spade Acquisition III Co's S-1/A filing outlines its initial public offering (IPO) structure, including the issuance of units comprising Class A ordinary shares and warrants. The company plans to raise capital through a trust account, with proceeds used for a business combination. The filing details underwriting terms, private placement warrants, and expenses. It also addresses indemnification policies for directors and officers under Cayman Islands law, noting limitations imposed by the SEC.
2026-01-05 · 0001104659-26-000346
CERT inactive
CERT
Pre-IPO filing captured from the SEC submission timeline.
Follows S-1/A in the pre-IPO sequence.
Black Spade Acquisition III Co's current CERT filing appears to be a continuation of its previously submitted S-1/A registration statement, with no visible substantive changes to the offering details. The filing maintains the structure and disclosures from the S-1/A, including the company's status as a blank-check company, sponsorship by Black Spade Sponsor LLC III, and the proposed initial public offering of units consisting of Class A ordinary shares and warrants. Key elements like the trust account structure, indemnification provisions, and private placement warrants remain unchanged.
2026-01-05 · 0000876661-26-000006
S-1/A amended
Amended registration statement
Updated registration statement filed after SEC comments or deal changes.
Updates the prior S-1/A filing.
Price $10.00 · 15,000,000 shares · Gross proceeds $150,000,000
Class A · Exchange NYSE · Ticker BIII · Each unit consists of one Class A ordinary share and one warrant to purchase one Class A ordinary share · Warrants to purchase Class A ordinary shares · Use of proceeds Proceeds to be used for business combination and working capital · Flags units, warrants · Underwriters Cohen & Company Securities, LLC, Chardan Capital Markets
Black Spade Acquisition III Co is a blank check company formed to effect a merger or business combination, primarily targeting opportunities in the leisure and entertainment sector. The company has not yet identified a specific target and relies on its management team's expertise in this area. The offering includes 15,000,000 units, with proceeds intended for a potential initial business combination.
2025-12-18 · 0001104659-25-122200
S-1/A amended
Amended registration statement
Updated registration statement filed after SEC comments or deal changes.
Updates the prior S-1/A filing.
17,250,000 shares · Gross proceeds $8,625,000
Class A · Exchange NYSE · Ticker BSPD · Over-allotment 1,500,000 · Each unit consists of one Class A ordinary share and one warrant to purchase one Class A ordinary share · Warrants exercisable at $11.50 per share, with 7,550,000 private placement warrants purchased by sponsor and underwriters · Use of proceeds to consummate an initial business combination · Flags cayman_holding_company, units, warrants
Black Spade Acquisition III Co's S-1/A filing amends its initial registration statement for an IPO, detailing securities offering terms, underwriting agreements, and corporate governance structure. The filing includes updates to indemnification provisions, private placement warrants, and exhibits related to legal and financial disclosures. The company, a blank check entity, aims to merge with a target business, with specifics on share classes, trust account management, and risk factors.
2025-12-12 · 0001104659-25-120618
S-1/A amended
Amended registration statement
Updated registration statement filed after SEC comments or deal changes.
Updates the prior S-1 filing.
Ordinary Shares · Units consisting of ordinary shares and warrants · Private placement warrants included in units · Use of proceeds For general corporate purposes · Flags units, self_underwritten · Underwriters self-underwritten
Black Spade Acquisition III Co, a special purpose acquisition company (SPAC), has filed an S-1/A amendment to its initial registration statement, indicating updates to its offering structure. The filing includes details about founder shares, private placement warrants, and redemption terms, with a focus on shareholder redemption percentages and underwriting fees. The company aims to merge with a target business, though specific details about the target remain unspecified.
2025-12-05 · 0001104659-25-118572
S-1 filed
Initial registration statement
Initial public filing submitted to start the SEC review process.
First tracked pre-IPO filing for this issuer.
Flags units, warrants
Black Spade Acquisition III Co is a blank check company formed to effect a merger, capital stock purchase, or other business combination with one or more target businesses. The company's sponsor is Black Spade Sponsor LLC III, and the filing includes details about the initial public offering, including the structure of founder shares, underwriting arrangements, and redemption provisions. The registration statement is dated September 30, 2025, and includes information about the company's corporate structure, officers, directors, and legal counsel.
2025-09-30 · 0001104659-25-094778
Comparable Deals

1 comparable deal

Media & CommunicationsMicro (<$50M)Last 18 months
Only 0 strict matches; expanded to 1 using nearest neighbors.
-20.0%
Median day-1
0%
Above issue
-20.6%
Median week-1
-20.0%
Downside (p10)

Recent News

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