A SPAC III Acquisition Corp. has announced an unregistered sale of equity securities following a share exchange agreement with its sponsor, A SPAC III (Holdings) Corp. Under the agreement, the sponsor transferred 1,499,900 Class B ordinary shares to the company in exchange for an equal number of Class A ordinary shares. The newly issued Class A shares are subject to the same restrictions as the Class B shares, including transfer limitations and voting obligations related to the company’s initial business combination. Following the transaction, the sponsor now holds approximately 76.4% of the outstanding Class A shares. The share issuance was not registered under the Securities Act of 1933, relying on an exemption provided by Section 3(a)(9).
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. A SPAC III Acquisition Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-006925), on January 23, 2026, and is solely responsible for the information contained therein.
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