Bleichroeder Acquisition Corp. III closes $345M IPO, including full over-allotment

Bleichroeder Acquisition Corp. III

IPO of 34.5M units at $10.00/unit, gross proceeds $345M; units trade on Nasdaq under BCCQU.
Underwriters exercised over-allotment in full for 4.5M additional units.
Simultaneous private placement of 8.5M warrants at $1.00 each to sponsor and underwriters.
$345M placed in trust account; company has 24 months to complete initial business combination.
Appointed Clemence Rasigni and Christopher Kellen to board; Rasigni chairs Audit, Kellen chairs Compensation.

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