8-K
filed April 25, 2025, 7:59 PM ET
ticker NPAC
CIK 0002048948
other material
confidence high
sentiment neutral
materiality 0.75
SPAC New Providence III closes $300.15M IPO; $301.65M placed in trust
New Providence Acquisition Corp. III/Cayman
- Closed IPO of 30,015,000 units at $10.00 each, including full over-allotment exercise by underwriters.
- Each unit: one Class A share plus one-third redeemable warrant; warrants exercisable at $11.50 per share.
- Net proceeds of $301.65M deposited into trust account ($10.05 per unit).
- Management: Co-CEOs Alexander Coleman and Gary Smith; CFO Leo Valentine; board includes Rick Mazer, Daniel Ginsberg, Timothy Gannon, Greg Stevens.
- Private placement of 872,075 units at $10.00 each to sponsor and Cantor Fitzgerald.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Gary Smith was appointed as Co-Chair of the Board at New Providence Acquisition Corp. III/Cayman.
- Action
- appointed
- Role
- Co-Chair of the Board
Exact text from the filing
Effective April 23, 2025 Mr. Coleman and Mr. Smith were appointed as Co-Chairs of the Board
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Rick Mazer was appointed as Director at New Providence Acquisition Corp. III/Cayman.
- Action
- appointed
- Role
- Director
Exact text from the filing
On April 23, 2025, in connection with the IPO, Leo Valentine, Rick Mazer, Daniel Ginsberg, Timothy Gannon and Greg Stevens (collectively with Alexander Coleman and Gary Smith, the “ Directors ”) were appointed to the board of directors of the Company (the “ Board ”).
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Daniel Ginsberg was appointed as Director at New Providence Acquisition Corp. III/Cayman.
- Action
- appointed
- Role
- Director
Exact text from the filing
On April 23, 2025, in connection with the IPO, Leo Valentine, Rick Mazer, Daniel Ginsberg, Timothy Gannon and Greg Stevens (collectively with Alexander Coleman and Gary Smith, the “ Directors ”) were appointed to the board of directors of the Company (the “ Board ”).
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Alexander Coleman was appointed as Co-Chair of the Board at New Providence Acquisition Corp. III/Cayman.
- Action
- appointed
- Role
- Co-Chair of the Board
Exact text from the filing
Effective April 23, 2025 Mr. Coleman and Mr. Smith were appointed as Co-Chairs of the Board
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Greg Stevens was appointed as Director at New Providence Acquisition Corp. III/Cayman.
- Action
- appointed
- Role
- Director
Exact text from the filing
On April 23, 2025, in connection with the IPO, Leo Valentine, Rick Mazer, Daniel Ginsberg, Timothy Gannon and Greg Stevens (collectively with Alexander Coleman and Gary Smith, the “ Directors ”) were appointed to the board of directors of the Company (the “ Board ”).
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Leo Valentine was appointed as Director at New Providence Acquisition Corp. III/Cayman.
- Action
- appointed
- Role
- Director
Exact text from the filing
On April 23, 2025, in connection with the IPO, Leo Valentine, Rick Mazer, Daniel Ginsberg, Timothy Gannon and Greg Stevens (collectively with Alexander Coleman and Gary Smith, the “ Directors ”) were appointed to the board of directors of the Company (the “ Board ”).
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Timothy Gannon was appointed as Director at New Providence Acquisition Corp. III/Cayman.
- Action
- appointed
- Role
- Director
Exact text from the filing
On April 23, 2025, in connection with the IPO, Leo Valentine, Rick Mazer, Daniel Ginsberg, Timothy Gannon and Greg Stevens (collectively with Alexander Coleman and Gary Smith, the “ Directors ”) were appointed to the board of directors of the Company (the “ Board ”).
View on SEC.gov
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