{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-099814","form_type":"8-K","ticker":"ASPC","cik":"0001890361","company_name":"ASPAC III Acquisition Corp.","filed_at":"2024-11-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.269004+00:00","generated_at":"2026-05-29T22:40:45.929320+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"A SPAC III Acquisition Corp. closes $55M IPO; auditor flags going concern risk","bullets":["IPO of 5,500,000 units at $10/unit closed Nov 12, 2024; gross proceeds of $55M deposited in trust.","Private placement of 280,000 units to sponsor at $10/unit raised $2.8M, also deposited in trust.","Auditor's report includes going concern qualification: company must complete business combination by Nov 12, 2025 or liquidate.","Balance sheet as of Nov 12 shows $55M in trust, $2.0M cash outside trust, working capital $1.65M, accumulated deficit $217,762.","Underwriters granted 45-day over-allotment option for up to 825,000 additional units."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-099814","json":"https://secwatch.observer/filing/0001213900-24-099814.json","markdown":"https://secwatch.observer/filing/0001213900-24-099814.md","text":"https://secwatch.observer/filing/0001213900-24-099814.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1890361/000121390024099814/0001213900-24-099814-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1890361/000121390024099814/ea0221699-8k_aspac3.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T22:40:45.929320+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"}