Black Spade Acquisition III Co

Definitive Agreement
CIK: 2087087•Ticker: BIII

SPAC Overview

$173M
IPO Size
$175M
Trust (as of 2026-06-30)
Definitive Agreement
Current Status
2026
IPO Year

Timeline Progress

About

Black Spade Acquisition III Co is a blank-check company seeking an initial business combination. It expects to explore opportunities around leisure and entertainment, as well as digitization of financial infrastructure and the convergence of entertainment and digital infrastructure.

Investment Focus

Entertainment, Leisure, Financial Services, Blockchain

Embarc dashboard

What the sponsor registered, what the deal actually priced at, and every 8-K that moved it — unit structure, sponsor promote, and the dated lifecycle events, each linked to its filing.

  • Unit structure as registered and as priced — price, warrant coverage, rights, trust per unit
  • Sponsor promote: founder shares and percentage, private-placement warrants, trust deposit
  • The full 8-K lifecycle timeline, each event linked to its filing
  • Price history across the unit, share and warrant tickers
  • Follow it, and see it change on your watchlist
Open in the dashboard

SPAC Team

Extended Team Information

The team is led by Dennis Tam, Kester Ng and Richard Taylor, with four independent directors. Its members bring experience in public-company operations, investment banking, M&A, capital markets, leisure and entertainment, media, technology and financial infrastructure; the filing notes that the founder and management team average over 30 years of individual experience and have completed two prior SPAC combinations.

Stock Performance

BIII
Trading Symbol
First Trade
January 29, 2026
$9.98
Current Price
September 30, 2026
$10.06
+1%

Key Information

IPO Date
January 7, 2026
State of Incorporation
K3
SIC
6770
Merger Target
Astrum Space Inc
SPAC Ticker
BIII