Black Spade Acquisition III Co
Black Spade Acquisition III is a blank check company incorporated in the Cayman Islands. It has no operating business and seeks to combine with one or more businesses or assets through a merger, share exchange, acquisition, reorganization or similar transaction. It may pursue targets in any industry worldwide, with a focus on entertainment-related businesses, including enabling technology, lifestyle brands, products and services, entertainment media, and sectors tied to digitized financial infrastructure and digital infrastructure. Black Spade Acquisition III completed its initial public offering on January 7, 2026, and holds funds in a trust account to support a business combination. It may use cash, securities, debt or a combination to complete a transaction. Its executive offices are in Central, Hong Kong.
No SEC Form 4 filings for $BIII in the last 30 days.
See all $BIII insider activity →Black Spade Acquisition III received a $200,000 unsecured promissory note from its sponsor to cover business combination costs. The note is interest-free and due by March 31, 2027, or upon completion of the combination, whichever is earlier. The company can draw on the note as needed and prepay without penalty.
Black Spade Acquisition III Co (BIII) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Item 1.01 Entry Into A Material Definitive Agreement. The disclosure contained in Item 2.03 is incorporated by reference in this Item 1.01. Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. On October 30,
Black Spade Acquisition III Co (BIII) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Exhibit 99.1 PRESS RELEASE ASTRUM SPACE INC TO GO PUBLIC THROUGH BUSINESS COMBINATION WITH BLACK SPADE ACQUISITION III CO · Astrum Space Inc (“Astrum”) is developing a next-generation satellite-to-device (“S2D”) broadcast network to serve the Asia-Pacific region. · Astrum holds 2
Over the past 7 days, AlphAI's AI scored 2 news stories mentioning BIII (Black Spade Acquisition III Co). Coverage has been balanced: 0 bullish, 2 neutral, and 0 bearish.
Recent BIII coverage spans corporate actions and financial news.
The note provides short‑term financing with no interest and a modest amount, unlikely to move the stock materially.
The note provides short‑term financing for the SPAC’s pending merger but is small and interest‑free, limiting market impact.
The SPAC transaction will likely drive BIII's share price higher as investors price in the combined entity's satellite assets and cash.
AlphAI scores every news story that mentions BIII with an AI model for sentiment and relevance, and aggregates insider trades from Black Spade Acquisition III Co's SEC EDGAR Form 4 filings. Figures refresh continuously.
Black Spade Acquisition III received a $200,000 unsecured promissory note from its sponsor to cover business combination costs. The note is interest-free and due by March 31, 2027, or upon completion of the combination, whichever is earlier. The company can draw on the note as needed and prepay without penalty.
1 min readBlack Spade Acquisition III Co (BIII) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Item 1.01 Entry Into A Material Definitive Agreement. The disclosure contained in Item 2.03 is incorporated by reference in this Item 1.01. Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. On October 30,
1 min readBlack Spade Acquisition III Co (BIII) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Exhibit 99.1 PRESS RELEASE ASTRUM SPACE INC TO GO PUBLIC THROUGH BUSINESS COMBINATION WITH BLACK SPADE ACQUISITION III CO · Astrum Space Inc (“Astrum”) is developing a next-generation satellite-to-device (“S2D”) broadcast network to serve the Asia-Pacific region. · Astrum holds 2
2 min read
