Armada Acquisition Corp. III closes $248.5M IPO; appoints three independent directors

Armada Acquisition Corp. III

Closed IPO of 24,850,000 units at $10.00/unit, including partial over-allotment, gross proceeds of $248.5M.
Private placement of 672,000 units to sponsor and underwriters raised $6.72M; total trust proceeds $248.5M.
Appointed Mohammad A. Kahn, Thomas A. Decker, and Celso L. White as independent directors.
Units trade on Nasdaq as AACIU; Class A shares and warrants expected to list as AACI and AACIW.
Underwriters Cohen & Company Capital Markets and Northland Securities served as book-runners.

item 1.01 item 3.02 item 5.02 item 5.03 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

Armada Acquisition Corp. III issued 672,000 private placement units of unit to Armada Sponsor III LLC for $10.00 per Private Placement Unit generating aggregate gross proceeds of $6,720,000.

Security: unit
Shares: 672,000 private placement units
Purchaser: Armada Sponsor III LLC
Consideration: $10.00 per Private Placement Unit generating aggregate gross proceeds of $6,720,000

Exact text from the filing

On the Closing Date, simultaneously with the consummation of the IPO, pursuant to the Private Placement Purchase Agreements, the Company completed the private sale (the “Private Placement”) of an aggregate of 672,000 private placement units (the “Private Placement Units”) to the Sponsor and the Representatives, at a price of $10.00 per Private Placement Unit generating aggregate gross proceeds of $6,720,000.

View on SEC.gov

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Armada Acquisition Corp. III: Filed amended and restated memorandum and articles of association effective February 17, 2026, in connection with the IPO (effective 2026-02-17).

Change: charter amendment
Effective: 2026-02-17

Exact text from the filing

On February 17, 2026, in connection with the IPO, the Company filed its amended and restated memorandum and articles of association (the “Amended and Restated Memorandum and Articles of Association”) with the Cayman Islands Registrar of Companies, which was effective on February 17, 2026.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Armada Acquisition Corp. III entered into Sponsor Private Placement Purchase Agreement with Armada Sponsor III LLC (effective 2026-02-17).

Action: entry
Agreement: equity purchase
Counterparty: Armada Sponsor III LLC
Effective: 2026-02-17

Exact text from the filing

a Private Placement Unit Subscription Agreement, dated February 17, 2026 (the “Sponsor Private Placement Purchase Agreement”), by and between the Company and Armada Sponsor III LLC (the “Sponsor”)

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Armada Acquisition Corp. III entered into Underwriting Agreement with Cohen & Company Capital Markets, LLC and Northland Securities, Inc., as representatives of the several underwriters (effective 2026-02-17).

Action: entry
Agreement: underwriting
Counterparty: Cohen & Company Capital Markets, LLC and Northland Securities, Inc., as representatives of the several underwriters
Effective: 2026-02-17

Exact text from the filing

an Underwriting Agreement, dated February 17, 2026, by and among the Company and Cohen & Company Capital Markets, a division of Cohen & Company Capital Markets, LLC (“CCM”), and Northland Securities, Inc. (“Northland”), as representatives (the “Representatives”) of the several underwriters named therein

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Armada Acquisition Corp. III entered into Northland Private Placement Purchase Agreement with Northland Securities, Inc. (effective 2026-02-17).

Action: entry
Agreement: equity purchase
Counterparty: Northland Securities, Inc.
Effective: 2026-02-17

Exact text from the filing

a Private Placement Unit Subscription Agreement, dated February 17, 2026 (the “Northland Private Placement Purchase Agreement”

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Armada Acquisition Corp. III entered into CCM Private Placement Purchase Agreement with Cohen & Company Capital Markets, LLC (effective 2026-02-17).

Action: entry
Agreement: equity purchase
Counterparty: Cohen & Company Capital Markets, LLC
Effective: 2026-02-17

Exact text from the filing

a Private Placement Unit Subscription Agreement, dated February 17, 2026 (the “CCM Private Placement Purchase Agreement”), by and between the Company and CCM

View on SEC.gov

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Armada Acquisition Corp. III filing history →

Source: SEC EDGAR

accession 0001193125-26-064395

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