---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-035680"
form_type: "8-K"
ticker: "NPAC"
cik: "0002048948"
company_name: "New Providence Acquisition Corp. III/Cayman"
filed_at: "2025-04-25T23:59:59+00:00"
generated_at: "2026-05-23T06:14:00.541626+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SPAC New Providence III closes $300.15M IPO; $301.65M placed in trust

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-25-035680
- form_type: 8-K
- ticker: NPAC
- cik: 0002048948
- company_name: New Providence Acquisition Corp. III/Cayman
- filed_at: 2025-04-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2048948/000121390025035680/0001213900-25-035680-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2048948/000121390025035680/ea0239499-8k_newpro3.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-035680
- JSON: https://secwatch.observer/filing/0001213900-25-035680.json
- Plain text: https://secwatch.observer/filing/0001213900-25-035680.txt

## Key facts
- Executive change
  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
  source text: Effective April 23, 2025 Mr. Coleman and Mr. Smith were appointed as Co-Chairs of the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/2048948/000121390025035680/0001213900-25-035680-index.htm
- Executive change
  Rick Mazer was appointed as Director at New Providence Acquisition Corp. III/Cayman.
  - Action: appointed
  - Role: Director
  source text: 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 ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/2048948/000121390025035680/0001213900-25-035680-index.htm
- Executive change
  Daniel Ginsberg was appointed as Director at New Providence Acquisition Corp. III/Cayman.
  - Action: appointed
  - Role: Director
  source text: 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 ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/2048948/000121390025035680/0001213900-25-035680-index.htm
- Executive change
  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
  source text: Effective April 23, 2025 Mr. Coleman and Mr. Smith were appointed as Co-Chairs of the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/2048948/000121390025035680/0001213900-25-035680-index.htm
- Executive change
  Greg Stevens was appointed as Director at New Providence Acquisition Corp. III/Cayman.
  - Action: appointed
  - Role: Director
  source text: 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 ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/2048948/000121390025035680/0001213900-25-035680-index.htm
- Executive change
  Leo Valentine was appointed as Director at New Providence Acquisition Corp. III/Cayman.
  - Action: appointed
  - Role: Director
  source text: 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 ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/2048948/000121390025035680/0001213900-25-035680-index.htm
- Executive change
  Timothy Gannon was appointed as Director at New Providence Acquisition Corp. III/Cayman.
  - Action: appointed
  - Role: Director
  source text: 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 ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/2048948/000121390025035680/0001213900-25-035680-index.htm

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