Helix Acquisition Corp. III closes upsized $172.5M IPO; healthcare-focused SPAC

Helix Acquisition Corp. III

Closed IPO of 17.25M Class A shares at $10.00, including full over-allotment; gross proceeds $172.5M.
Sponsor purchased 497,500 Private Placement Shares at $10.00 for $4.975M.
Total trust deposit of $172.5M from IPO and private placement net proceeds.
Shares began trading on Nasdaq under ticker HLXC on Jan 23, 2026.
Company will focus on healthcare/healthcare-related business combination; led by CEO Bihua Chen.

item 1.01 item 3.02 item 5.02 item 5.03 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.85

Helix Acquisition Corp. III entered into Investment Management Trust Agreement with Continental Stock Transfer & Trust Company valued at Investment Management Trust Agreement between Company and trustee (effective 2026-01-22).

Action: entry
Counterparty: Continental Stock Transfer & Trust Company
Value: Investment Management Trust Agreement between Company and trustee
Effective: 2026-01-22

Exact text from the filing

An Investment Management Trust Agreement, dated January 22, 2026, between the Company and Continental Stock Transfer & Trust Company, as trustee, a copy of which is attached as Exhibit 10.2 hereto and incorporated herein by reference.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.8

Helix Acquisition Corp. III entered into Indemnity Agreements with each of its officers and directors valued at Indemnity Agreements between Company and each officer and director (effective 2026-01-22).

Action: entry
Counterparty: each of its officers and directors
Value: Indemnity Agreements between Company and each officer and director
Effective: 2026-01-22

Exact text from the filing

Indemnity Agreements, each dated January 22, 2026 (each, an “ Indemnity Agreement ”), between the Company and each of its officers and directors, substantially in the form attached hereto as Exhibit 10.6.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.85

Helix Acquisition Corp. III entered into Letter Agreement with Helix Holdings III LLC and each of the officers and directors of the Company valued at Letter Agreement among Company, Sponsor and officers and directors (effective 2026-01-22).

Action: entry
Counterparty: Helix Holdings III LLC and each of the officers and directors of the Company
Value: Letter Agreement among Company, Sponsor and officers and directors
Effective: 2026-01-22

Exact text from the filing

A Letter Agreement, dated January 22, 2026 (“ Letter Agreement ”), among the Company, the Company’s sponsor, Helix Holdings III LLC (the “ Sponsor ”) and each of the officers and directors of the Company, a copy of which is attached as Exhibit 10.1 hereto and incorporated herein by reference.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Helix Acquisition Corp. III entered into Underwriting Agreement with Leerink Partners LLC and Oppenheimer & Co. Inc. valued at IPO of 17,250,000 Class A ordinary shares at $10.00 per share, gross proceeds $172,500,000 (effective 2026-01-22).

Action: entry
Agreement: underwriting
Counterparty: Leerink Partners LLC and Oppenheimer & Co. Inc.
Value: IPO of 17,250,000 Class A ordinary shares at $10.00 per share, gross proceeds $172,500,000
Effective: 2026-01-22

Exact text from the filing

The Company entered into the following agreements, forms of which were previously filed as exhibits to the Company’s Registration Statement on Form S-1 (File No. 333-291993) for the IPO, originally filed with the U.S. Securities and Exchange Commission (the “ Commission ”) on December 8, 2025 (as amended, the “ Registration Statement ”): ● An Underwriting Agreement, dated January 22, 2026, by and among the Company, Leerink Partners LLC and Oppenheimer & Co. Inc., a copy of which is attached as Exhibit 1.1 hereto and incorporated herein by reference.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Helix Acquisition Corp. III entered into Private Placement Shares Purchase Agreement with Helix Holdings III LLC valued at Private Placement Shares Purchase Agreement between Company and Sponsor (effective 2026-01-22).

Action: entry
Agreement: equity purchase
Counterparty: Helix Holdings III LLC
Value: Private Placement Shares Purchase Agreement between Company and Sponsor
Effective: 2026-01-22

Exact text from the filing

A Private Placement Shares Purchase Agreement, dated January 22, 2026 (the “ Private Placement Shares Purchase Agreement ”), between the Company and the Sponsor, a copy of which is attached as Exhibit 10.4 hereto and incorporated herein by reference.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.85

Helix Acquisition Corp. III entered into Registration Rights Agreement with Helix Holdings III LLC and the Holders signatory thereto valued at Registration Rights Agreement among Company, Sponsor and Holders (effective 2026-01-22).

Action: entry
Counterparty: Helix Holdings III LLC and the Holders signatory thereto
Value: Registration Rights Agreement among Company, Sponsor and Holders
Effective: 2026-01-22

Exact text from the filing

A Registration Rights Agreement, dated January 22, 2026, among the Company, the Sponsor and the Holders signatory thereto, a copy of which is attached as Exhibit 10.3 hereto and incorporated herein by reference.

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284 material agreements filed in the last 30 days. Browse all material agreements →

Helix Acquisition Corp. III filing history →

Source: SEC EDGAR

accession 0001213900-26-007972

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