ASPAC III Acquisition Corp.ASPC
Redeem by
Oct 15, 2026passed
Shareholder meeting
Oct 19, 2026
The election deadline is when you must tender to take the trust. Miss it and you hold through whatever the meeting decides. Read from the proxy statement, not assumed from the meeting date.
“two (2) business days prior to the Extraordinary General Meeting (or October 15, 2026)”
Cash in trust
$3.0M
$3,032,747
Trust per share
—
Redemption value
IPO
Nov 2024
$60.0M raised
Combination deadline
Nov 12, 2026
24 days remaining
Filings on record
86
Latest Sep 28, 2026
Business combination
- Target
- Not disclosed in an indexed filing
- Announced
- Dec 12, 2024
Overview
ASPAC III Acquisition Corp. is a special purpose acquisition company incorporated in Virgin Islands, British and registered with the SEC under CIK 0001890361. It completed its initial public offering in Nov 2024, raising $60.0M in gross proceeds and listing on Nasdaq. Class A shares trade under the ticker ASPC, units under ASPCU, rights under ASPCR on Nasdaq. The vehicle is sponsored by , a British Virgin Islands through Corp., a British Virgin Islands company. The mandate targets technology. Definitive business-combination agreement signed, closing pending.
Reading the filings
Arithmetic on what ASPAC III Acquisition Corp. has disclosed, written the way a desk would read it. These are observations, not a rating. Nothing here scores the vehicle or implies a view on it.
Time on the clock
24 days to the Nov 12, 2026 deadline. Inside ninety days a sponsor has three routes and no others: close, call a shareholder vote to extend (which opens a redemption window and usually costs a monthly contribution into the trust), or liquidate and return the cash. This is the window where redemption arithmetic starts to dominate the share price.
Extension history
Shareholders have already approved 1 extension. Each one opened a redemption window, so the public float and the trust are almost certainly smaller than at IPO, and each typically came with a sponsor contribution that lifts trust per share. A vehicle on its second or third extension is one where the sponsor is paying to keep the search alive.
Underwriting
Maxim Group led the offering. It has been named on 38 SPAC IPOs, book-running 26 of them, and 63% of its resolved vehicles closed a deal. The syndicate has no control over whether a sponsor finds a target, but the quality of the book at pricing shapes who ends up holding the units.
From listing to the date ASPAC III Acquisition Corp. must close a deal, extend again, or return the trust. The marker is today.
Filings per month since the first one. A vehicle that has gone quiet with a deadline ahead is a different proposition from one that is still working.
86 filings in all. 3 in the last three months, against a busiest month of 22.
Scores
Recomputed 6m agoThree readings of ASPAC III Acquisition Corp., each an unweighted mean of the components shown beneath it, and each component a percentile against every live SPAC rather than an absolute we invented. They describe the setup, not the merit. How they are built
FOMO
LowHow much attention is this vehicle attracting right now?
16/100
- Filing activity19
1 in 30 days
- News coverage0
0 stories in 30 days
- Deal freshness30
announced 676 days ago
Attention is not quality. FOMO rises on news volume and on the market paying above trust, both of which have preceded plenty of disappointments.
Potential
ModerateHow likely is this vehicle to complete a combination, and at what scale?
42/100
- Lead bank record41
63.0%
- Bank franchise32
38 SPAC mandates
- Trust scale8
$3M
- Stage85
definitive agreement signed
Potential is about execution, not about the target. It says nothing about whether the eventual deal is worth owning, because the target is usually unknown when the score is computed.
These are derived measures, not ratings of investment merit. They carry no view on the target, no price target and no recommendation, and a high score is not a reason to buy anything.
News on ASPAC III Acquisition Corp.
Last 90 daysNothing in the last 90 days that names this vehicle. We attribute a story only when the release carries the ticker or the registered name, so an empty section means no press release or wire story matched — not that nothing was published. The filings below are the primary record either way.
SEC filing history
Free tier: filings older than 24 hours- DEF 14A
Definitive proxy statement
Accession 0001213900-26-104070
- PRE 14A
PRELIMINARY PROXY STATEMENT
Accession 0001213900-26-101440
- 10-Q
Quarterly report
Accession 0001213900-26-088396
- 8-K
Notice of delisting or failure to satisfy a listing rule
Item 3.01 · Accession 0001213900-26-061249
- 10-Q
Quarterly report
Accession 0001213900-26-053895
- 8-K
Other events
Items 8.01, 9.01 · Accession 0001213900-26-036507
- 10-K
Annual report
Accession 0001213900-26-023648
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001104659-26-013882
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0000927971-26-000009
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001628280-26-007362
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001878495-26-000005
- 8-K
Current report
Item 3.02 · Accession 0001213900-26-006925
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001549230-25-000037
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001878495-25-000027
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0000927971-25-000029
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001193125-25-274755
- 10-Q
Quarterly report
Accession 0001213900-25-108194
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001376474-25-000902
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001140361-25-039915
- 8-K
Submission of matters to a vote of security holders; Other events
Items 5.03, 5.07, 8.01, 9.01 · Accession 0001213900-25-102571
- DEF 14A
Definitive proxy statement
Accession 0001213900-25-097917
- PRE 14A
PROXY STATEMENT
Accession 0001213900-25-093165
- 10-Q
Quarterly report
Accession 0001213900-25-075713
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001104659-25-077151
- SCHEDULE 13G
Beneficial ownership report (passive)
Accession 0000950170-25-105954
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001140361-25-025602
- 425
Business-combination communication
Accession 0001213900-25-047530
- 8-K
Entry into a material definitive agreement; Other events
Items 1.01, 8.01, 9.01 · Accession 0001213900-25-047526
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0000950170-25-069781
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001085146-25-002953
Pro
Track ASPC without the delay
Free accounts see this filing history a day late. Pro shows every document minutes after EDGAR publishes it, opens it on EDGAR in one click, and adds the twelve-month deadline calendar.
- Filings live, no 24-hour delay
- One click through to the source document
- Deadline calendar out to 12 months
- CSV export, API and MCP access
Cancel any time. Billed monthly in USD.
ASPAC III Acquisition Corp.: questions answered
What is ASPAC III Acquisition Corp. (ASPC)?
ASPAC III Acquisition Corp. is a special purpose acquisition company incorporated in Virgin Islands, British and registered with the SEC under CIK 0001890361. It completed its initial public offering in Nov 2024, raising $60.0M in gross proceeds and listing on Nasdaq. Class A shares trade under the ticker ASPC, units under ASPCU, rights under ASPCR on Nasdaq. The vehicle is sponsored by , a British Virgin Islands through Corp., a British Virgin Islands company. The mandate targets technology. Definitive business-combination agreement signed, closing pending.
How much does ASPAC III Acquisition Corp. hold in trust?
Approximately $3,032,747, as at the most recent filing on record. Trust balances move: shareholders redeem at extension votes and at the combination vote, and sponsors pay contributions in to extend. Treat the figure as a point-in-time disclosure, not a running balance.
When must ASPAC III Acquisition Corp. complete a merger?
By Nov 12, 2026, after 1 shareholder-approved extension. If no combination closes by then the sponsor must seek a further extension or wind the vehicle up and return the trust.
What happens if ASPAC III Acquisition Corp. does not find a target in time?
The charter requires the vehicle to redeem 100% of the public shares and return the trust, pro rata, to public shareholders. That is the mechanism working as designed rather than a default. Founder shares and warrants are worthless in that outcome, which is why the sponsor's incentive is to get a deal done or to buy more time. Across the market, deadline lapsed without a deal; trust returned to public shareholders.
Can I redeem shares in ASPAC III Acquisition Corp., and at what price?
Public shareholders may elect to redeem in connection with a combination vote and at each extension vote, at the pro-rata trust value on the relevant record date. Redemption is a right attached to the public shares only; warrants and rights carry no claim on the trust. The mechanics and the deadline for electing are set out in the proxy statement for the vote in question.
What tickers does ASPAC III Acquisition Corp. trade under?
Class A shares trade as ASPC on Nasdaq, the units as ASPCU, with rights as ASPCR. Units trade first and separate into their component securities roughly 52 days after the IPO; only the Class A shares carry the redemption right against the trust.
Is the trust value the same as the share price for ASPAC III Acquisition Corp.?
No. Trust per share is a disclosed, contractual figure: what a redeeming holder receives. The market price is whatever the shares change hands at, which can sit above the trust when a deal is well received or below it when the market doubts one will close. We do not have a current quote for this vehicle, so no spread is shown.
How much dilution do ASPAC III Acquisition Corp.'s founder shares and warrants create?
Both are disclosed in the prospectus and both survive into the combined company, which is why a de-SPAC at $10 is not economically the same as an IPO at $10.
Who sponsors ASPAC III Acquisition Corp., and what is their track record?
Corp., a British Virgin Islands company is the sponsor entity, part of the , a British Virgin Islands franchise. This is the only vehicle we have attributed to that sponsor. Named principals: Claudius Tsang.
Which banks underwrote the ASPAC III Acquisition Corp. IPO?
Maxim Group. Maxim Group was credited as book-running manager on the cover. Syndicate membership and role are read from the prospectus cover and the underwriting section.
Is ASPAC III Acquisition Corp. tradeable, and where?
Yes. ASPC returned a live quote of $10.93 on Nasdaq. Quotes here are delayed and refreshed on a schedule rather than streamed, so treat the figure as indicative and confirm on your own venue. Units and warrants trade under their own symbols and are quoted separately.
Is ASPAC III Acquisition Corp. a good investment?
That is not a question this site answers. ASPAC III Acquisition Corp. is covered here as reference data: what the company filed, when it filed it, and what the numbers in those filings say. The Edge, FOMO and Potential scores on this page are derived measures with a published formula, not ratings of investment merit: they describe the setup, and every component is shown so you can take them apart. We publish no price targets and no recommendations, and nothing here should be read as advice. The figures are a starting point for your own work, and each one carries the accession number of the filing it came from.
Where does this ASPAC III Acquisition Corp. data come from?
Filings ASPAC III Acquisition Corp. submitted to the SEC under CIK 0001890361: the registration statement and final prospectus for the structure, quarterly and annual reports for the trust, current reports and proxy statements for deals, votes and extensions. Trust economics are taken from the registrant's own XBRL tags rather than parsed from prose, which is why they are exact. Every filing in the history above is listed with its accession number, which identifies the document uniquely on EDGAR; Pro accounts open it directly from the row.
Compiled by the SPACListing research desk
Last reconciled Oct 19, 2026
Every figure on this page is read from documents the registrants filed with the U.S. Securities and Exchange Commission, principally the IPO prospectus (Form 424B4), quarterly and annual reports, current reports and proxy statements, the registrant's own XBRL tags for trust economics. Nothing is sourced from press coverage, from the companies themselves, or from a third-party aggregator. Where a filing does not disclose something, the field is left blank rather than estimated.
Read the full methodology · What is in the dataset · Report a correction
SPACListing is a reference-data service, not an investment adviser. Nothing here is a recommendation to buy or sell any security.
Continue reading
The context around this vehicle: who else the sponsor has launched, which banks priced it, and where it sits in the wider market.
, a British Virgin Islands: the full record
Every vehicle this sponsor has launched, what closed, what liquidated and what is still live.
Maxim Group in SPACs
Mandates, bookrun credit, deal volume and the outcome of the vehicles it priced.
Technology SPACs
Every vehicle chasing the same mandate, ranked by cash in trust.
All spacs with an announced deal
Definitive business-combination agreement signed, closing pending.
Deadline calendar
Which sponsors are running out of time, and when the extension votes land.
What is a SPAC?
The structure, the economics and where the risks actually sit.
SPAC glossary
Every term in a blank-check filing, defined the way practitioners use it.
How this data is built
Coverage universe, ingestion, normalisation, lifecycle classification and known limits.