Bleichroeder Acquisition Corp III to merge with Ursa Major Technologies in $1.6B SPAC deal

Bleichroeder Acquisition Corp. III

Ursa Major holders receive $1.6B consideration: 160M shares at $10.00 per share.
Minimum Cash Condition of $150M from trust plus PIPE proceeds; outside date Aug 24, 2027.
Bleichroeder sponsor (Bleichroeder Sponsor 3 LLC) and IPF support agreement; waive anti-dilution rights.
Sellers agree to vote for deal, convert preferred to common pre-close; lock-up on securities.
Mach X to domesticate from Cayman to Delaware; renamed 'New Ursa Major' after closing.

item 1.01 item 8.01 item 3.02 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Michael Blitzer

Chairman of the Board

BCCQ · Bleichroeder Acquisition Corp. III

Effective: 2026-08-24
Filed: August 25, 2026, 6:23 AM ET

Effective August 24, 2026, Michael Blitzer and Kevin Shannon were appointed as Chairman of the Board and Co-Chief Executive Officer, respectively, of Mach X, with Andrew Gundlach and Marcello Padula continuing as a director on the Board and Co-Chief Executive Officer, respectively, of Mach X.

Appointed

Kevin Shannon

Co-Chief Executive Officer

BCCQ · Bleichroeder Acquisition Corp. III

Effective: 2026-08-24
Filed: August 25, 2026, 6:23 AM ET

Effective August 24, 2026, Michael Blitzer and Kevin Shannon were appointed as Chairman of the Board and Co-Chief Executive Officer, respectively, of Mach X, with Andrew Gundlach and Marcello Padula continuing as a director on the Board and Co-Chief Executive Officer, respectively, of Mach X.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Blitzer was appointed as Chairman of the Board at Bleichroeder Acquisition Corp. III.

Action: appointed
Role: Chairman of the Board

Exact text from the filing

Effective August 24, 2026, Michael Blitzer and Kevin Shannon were appointed as Chairman of the Board and Co-Chief Executive Officer, respectively, of Mach X, with Andrew Gundlach and Marcello Padula continuing as a director on the Board and Co-Chief Executive Officer, respectively, of Mach X.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Kevin Shannon was appointed as Co-Chief Executive Officer at Bleichroeder Acquisition Corp. III.

Action: appointed
Role: Co-Chief Executive Officer

Exact text from the filing

Effective August 24, 2026, Michael Blitzer and Kevin Shannon were appointed as Chairman of the Board and Co-Chief Executive Officer, respectively, of Mach X, with Andrew Gundlach and Marcello Padula continuing as a director on the Board and Co-Chief Executive Officer, respectively, of Mach X.

View on SEC.gov

Bleichroeder Acquisition Corp. III filing history →

Source: SEC EDGAR

accession 0001213900-26-093229

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