{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-006925","form_type":"8-K","ticker":"ASPC","cik":"0001890361","company_name":"ASPAC III Acquisition Corp.","filed_at":"2026-01-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.688237+00:00","generated_at":"2026-05-16T08:32:00.866114+00:00","sec_items":["3.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"ASPAC III completes share exchange: Sponsor converts 1.5M Class B shares, now holds ~76.4% of Class A","bullets":["Sponsor transferred 1,499,900 Class B shares to Company in exchange for same number of Class A shares.","Following exchange, outstanding: 2,337,481 Class A shares (Sponsor holds ~76.4%) and only 100 Class B shares.","Class A shares issued in exchange retain same restrictions (transfer, redemption waiver, vote for business combination).","Issuance not registered under Securities Act; exempt under Section 3(a)(9)."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-006925","json":"https://secwatch.observer/filing/0001213900-26-006925.json","markdown":"https://secwatch.observer/filing/0001213900-26-006925.md","text":"https://secwatch.observer/filing/0001213900-26-006925.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1890361/000121390026006925/0001213900-26-006925-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1890361/000121390026006925/ea027381101-8k_aspac3.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T08:32:00.866114+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":[{"claim_id":"4f14939f3efa891d799b7581f6bbff2984335a92","claim":"ASPAC III Acquisition Corp. issued 1,499,900 Class B ordinary shares of common stock to A SPAC III (Holdings) Corp. (Sponsor) for 1,499,900 Class A ordinary shares.","evidence_excerpt":"Pursuant to the Exchange Agreement between A SPAC III Acquisition Corp. (“the Company”) and A SPAC III (Holdings) Corp. (the “Sponsor”), dated January 16, 2026, the Sponsor has transferred and delivered to the Company 1,499,900 Class B ordinary shares of the Company (the “Class B Shares”) in exchange for 1,499,900 Class A ordinary shares of the Company (the “Class A Shares”) (the “Share Exchange”).","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1890361/000121390026006925/0001213900-26-006925-index.htm","confidence":0.95,"family_label":"Equity Issuances","details":[{"label":"Security","value":"common stock"},{"label":"Shares","value":"1,499,900 Class B ordinary shares"},{"label":"Purchaser","value":"A SPAC III (Holdings) Corp. (Sponsor)"},{"label":"Consideration","value":"1,499,900 Class A ordinary shares"}],"fact_type":"equity_issuance"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}