Armada Acquisition Corp. III closes IPO of 24.85M units at $10.00, raising $248.5M

Armada Acquisition Corp. III

Completed IPO of 24,850,000 units (incl. 2,350,000 over-allotment) at $10.00/unit for $248.5M gross proceeds.
Simultaneously closed private placement of 672,000 units at $10.00 to sponsor & underwriters, raising $6.72M.
Total of $248.5M from IPO and private placement placed in trust account at $10.00 per public share.
Company has 18 months (until August 19, 2027) to complete an initial business combination.
Total liabilities $10.07M including $9.94M deferred underwriting fee; shareholders' deficit $8.9M.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.