ITHAX Acquisition Corp IIIITHA
Cash in trust
$234.3M
$234,340,929
Trust per share
—
Redemption value
IPO
Dec 2025
—
Combination deadline
Dec 15, 2027
467 days remaining
Filings on record
20
Latest Aug 13, 2026
Overview
ITHAX Acquisition Corp III is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0002080985. It completed its initial public offering in Dec 2025 and listing on Nasdaq. Class A shares trade under the ticker ITHA, units under ITHAU, warrants under ITHAW on Nasdaq. The vehicle is sponsored by ITHAX through ITHAX Acquisition Sponsor III LLC. The mandate targets generalist. IPO closed, trust funded, no definitive agreement announced.
“we intend to focus, having worked on transactions of billions of dollars in the aggregate.”
Reading the filings
Arithmetic on what ITHAX Acquisition Corp III 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
467 days to the Dec 15, 2027 deadline. The vehicle is early in its search window, and the deadline is not yet the binding constraint.
Warrant coverage
Each unit carried one-half of one warrant per unit. Warrants are dilution deferred: they cost the holder nothing until exercised, and they overhang the post-combination share count. Thinner coverage is generally a sign of a stronger book at pricing.
Underwriting
Cantor Fitzgerald led the offering. It has been named on 114 SPAC IPOs, book-running 101 of them, and 21.4% 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.
Scores
Recomputed 4m agoThree readings of ITHAX Acquisition Corp III, 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?
7/100
- Filing activity14
1 in 30 days
- News coverage0
0 stories in 30 days
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
ElevatedHow likely is this vehicle to complete a combination, and at what scale?
66/100
- Lead bank record73
21.4%
- Bank franchise87
114 SPAC mandates
- Trust scale62
$234M
- Stage40
searching
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.
SEC filing history
Free tier: filings older than 24 hours- 10-Q
Quarterly report
Accession 0001104659-26-096023
- 10-Q
Quarterly report
Accession 0001104659-26-062806
- 10-K
Annual report
Accession 0001104659-26-033907
- SCHEDULE 13G
Beneficial ownership report (passive)
Accession 0001172661-26-000895
- SCHEDULE 13G
Beneficial ownership report (passive)
Accession 0001104659-26-015897
- 10-Q
Quarterly report
Accession 0001104659-26-006826
- 8-K
Other events
Items 8.01, 9.01 · Accession 0001104659-26-004327
- 8-K
Other events
Items 8.01, 9.01 · Accession 0001104659-25-123159
- SCHEDULE 13G
Beneficial ownership report (passive)
Accession 0001346554-25-000097
- 3
Initial statement of beneficial ownership
Accession 0001104659-25-122548
- SCHEDULE 13G
Beneficial ownership report (passive)
Accession 0001104659-25-122541
- 8-K
Entry into a material definitive agreement; Other events
Items 1.01, 3.02, 5.02, 5.03, 8.01, 9.01 · Accession 0001104659-25-121224
- 424B4
Final IPO prospectus
Accession 0001104659-25-120777
- EFFECT
Notice of effectiveness
Accession 9999999995-25-003668
- 3
Initial statement of beneficial ownership
Accession 0001104659-25-120390
- 3
Initial statement of beneficial ownership
Accession 0001104659-25-120375
- CERT
Exchange listing certification
Accession 0001354457-25-001255
- 8-A12B
Registration of securities on an exchange
Accession 0001104659-25-119866
- S-1
Registration statement for the initial public offering
Accession 0001104659-25-113265
- DRS
Draft registration statement (confidential)
Accession 0001104659-25-081002
ITHAX Acquisition Corp III: questions answered
What is ITHAX Acquisition Corp III (ITHA)?
ITHAX Acquisition Corp III is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0002080985. It completed its initial public offering in Dec 2025 and listing on Nasdaq. Class A shares trade under the ticker ITHA, units under ITHAU, warrants under ITHAW on Nasdaq. The vehicle is sponsored by ITHAX through ITHAX Acquisition Sponsor III LLC. The mandate targets generalist. IPO closed, trust funded, no definitive agreement announced.
How much does ITHAX Acquisition Corp III hold in trust?
Approximately $234,340,929, 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 ITHAX Acquisition Corp III complete a merger?
By Dec 15, 2027. 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 ITHAX Acquisition Corp III 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 ITHAX Acquisition Corp III, 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 ITHAX Acquisition Corp III trade under?
Class A shares trade as ITHA on Nasdaq, the units as ITHAU, and the warrants as ITHAW. 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 ITHAX Acquisition Corp III?
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 ITHAX Acquisition Corp III's founder shares and warrants create?
Each unit also carried one-half of one warrant per unit, which is dilution deferred until exercise. 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 ITHAX Acquisition Corp III, and what is their track record?
ITHAX Acquisition Sponsor III LLC is the sponsor entity, part of the ITHAX franchise. This is the only vehicle we have attributed to that sponsor. Named principals: Orestes Fintiklis.
Which banks underwrote the ITHAX Acquisition Corp III IPO?
Cantor Fitzgerald. Cantor Fitzgerald was credited as book-running manager on the cover. Syndicate membership and role are read from the prospectus cover and the underwriting section.
Is ITHAX Acquisition Corp III tradeable, and where?
Yes. ITHA returned a live quote of $10.07 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 ITHAX Acquisition Corp III a good investment?
That is not a question this site answers. ITHAX Acquisition Corp III 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 ITHAX Acquisition Corp III data come from?
Filings ITHAX Acquisition Corp III submitted to the SEC under CIK 0002080985: 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 Sep 4, 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.
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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.
ITHAX: the full record
Every vehicle this sponsor has launched, what closed, what liquidated and what is still live.
Cantor Fitzgerald in SPACs
Mandates, bookrun credit, deal volume and the outcome of the vehicles it priced.
Generalist SPACs
Every vehicle chasing the same mandate, ranked by cash in trust.
All spacs searching for a target
IPO closed, trust funded, no definitive agreement announced.
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.