secwatch.observer — SEC 8-K summary
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Issuer:     ITHAX Acquisition Corp III (ITHA)
CIK:        0002080985
Form:       8-K
Filed at:   2025-12-19T23:59:59+00:00
Accession:  0001104659-25-123159
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ITHAX Acquisition Corp III closes $230M SPAC IPO and $5.5M private placement
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- Closed IPO of 23M units at $10.00 each, raising $230M gross; full over-allotment of 3M units exercised.
- Completed private placements of 5.5M warrants to sponsor (3.5M) and Cantor Fitzgerald (2M) for $5.5M.
- Net $230M placed in trust account; balance sheet shows $231M total assets, $8.8M shareholders' deficit.
- Company has 24 months from December 15, 2025 to complete a business combination; no target selected.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2080985/000110465925123159/0001104659-25-123159-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2080985/000110465925123159/tm2533631d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-123159

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