A SPAC III Acquisition Corp. Announces Closing of $55 Million Initial Public Offering
A SPAC III Acquisition Corp. - Unit (ASPCU)
Company Research
Source: PR Newswire
HONG KONG, Nov. 12, 2024 /PRNewswire/ -- A SPAC III Acquisition Corp. (the "Company"), a blank check company incorporated as a British Virgin Islands exempted company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, today announced the closing of its previously announced initial public offering of 5,500,000 units at an offering price of $10.00 per unit, with each unit consisting of one Class A ordinary share and one right. Each right entitles the holder to receive one-tenth (1/10) of one Class A ordinary share upon consummation of the Company's initial business combination. The units began trading on the Nasdaq Capital Market ("Nasdaq") under the ticker symbol "ASPCU" on November 8, 2024. Once the securities comprising the units begin separate trading, the Class A ordinary shares and rights will be traded on Nasdaq under the symbols "ASPC" and "ASPCR," respective
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