CC Neuberger Principal Holdings III
Liquidated 2023-11-05- CIK 1821329
- PRPC
- IPO 2021-02-04
- $49.5M trust
- 62 filings
- IPO Size
- $403M
- raised at the IPO
- Trust
- $49.5M
- as of 2023-09-30
- Current Status
- Failed
- from its latest filing
- IPO Year
- 2021
- year it listed
Filings, by quarter
62 filings over 15 quarters; violet bars carry a milestone
- 20 Q3: 1 filing
- 20 Q4: 0 filings
- 21 Q1: 17 filings
- 21 Q2: 6 filings
- 21 Q3: 1 filing
- 21 Q4: 3 filings
- 22 Q1: 5 filings
- 22 Q2: 4 filings
- 22 Q3: 1 filing
- 22 Q4: 1 filing
- 23 Q1: 9 filings
- 23 Q2: 2 filings
- 23 Q3: 3 filings
- 23 Q4: 5 filings
- 24 Q1: 4 filings
- S-1 filed 20 Q3
- IPO 21 Q1
- Liquidated 23 Q4
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
About
CC Neuberger Principal Holdings III is a blank-check company formed to identify and complete an initial business combination with one or more businesses. It has not selected a target and describes its acquisition approach as broad rather than sector-specific.
Key Information
As the filings state it
- IPO Date
- 2021-02-04
- Total Redemptions
- $364M
- Jurisdiction of Incorporation
- Cayman Islands
- SIC
- 6770
- Failed Date
- 2023-11-05
- SPAC Ticker
- PRPC
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The team combines CC Capital private-equity and operating expertise with Neuberger Berman's investment platform. Its leadership has experience sponsoring SPACs and investing in, acquiring, and operating businesses across multiple sectors.