---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-113961"
form_type: "8-K"
ticker: "ASPC"
cik: "0001890361"
company_name: "ASPAC III Acquisition Corp."
filed_at: "2024-12-31T23:59:59+00:00"
generated_at: "2026-05-28T22:02:26.135872+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# A SPAC III Acquisition Corp. signs non-binding $300M stock deal for HDEducation Group

## Summary
- Reincorporation merger creates new BVI parent; then subsidiary merges into HD Group, making it a wholly owned subsidiary.
- Consideration of $300M paid in Purchaser ordinary shares at $10 per share; all existing HD equity canceled.
- Key conditions: SEC registration statement effectiveness, Nasdaq approval, ODI filings by HD shareholders, no material adverse change.
- Agreement non-binding until execution of definitive agreements; may be terminated if HD interim financials not delivered by Jan 31, 2025.

## SEC filing metadata
- accession: 0001213900-24-113961
- form_type: 8-K
- ticker: ASPC
- cik: 0001890361
- company_name: ASPAC III Acquisition Corp.
- filed_at: 2024-12-31T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1890361/000121390024113961/0001213900-24-113961-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1890361/000121390024113961/ea0226155-8k425_aspac3.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-113961
- JSON: https://secwatch.observer/filing/0001213900-24-113961.json
- Plain text: https://secwatch.observer/filing/0001213900-24-113961.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.