{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-004358","form_type":"8-K/A","ticker":"BIII","cik":"0002087087","company_name":"Black Spade Acquisition III Co","filed_at":"2026-01-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.227911+00:00","generated_at":"2026-05-16T09:58:23.384632+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Black Spade Acquisition III completes $172.5M SPAC IPO; trust funded with $10 per share","bullets":["IPO of 17,250,000 units at $10/unit (includes full over-allotment); gross proceeds $172.5M.","Concurrent private placement of 8,150,000 warrants at $0.50 each to sponsor and underwriters for $4.075M.","Net of $172.5M placed in trust account; transaction costs $9.9M (cash $2.3M, deferred $6.9M, other $0.7M).","Audited balance sheet at Jan 7, 2026: cash $1.045M, trust $172.5M, total assets $173.7M; Class A shares at $10 redemption.","SPAC has 24 months (or 27 with letter of intent) to complete a business combination; no operations yet."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-004358","json":"https://secwatch.observer/filing/0001104659-26-004358.json","markdown":"https://secwatch.observer/filing/0001104659-26-004358.md","text":"https://secwatch.observer/filing/0001104659-26-004358.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2087087/000110465926004358/0001104659-26-004358-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2087087/000110465926004358/tm263299d1_8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T09:58:23.384632+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}