Sponsor franchise

Black Spade

Named principals: Chi Wai Dennis Tam

Grouping established from the sponsor entity and issuer names.

Vehicles launched

1 still live

Capital raised

$495.0M

aggregate IPO proceeds

Trust under management

$175.5M

in live vehicles

Deals closed

0 liquidated

Completion rate

100%

of 2 resolved

Vehicles

Every SPAC attributed to Black Spade, newest IPO first.

SPAC	Status	Trust	Per share	IPO	Deadline	Sponsor / target
Black Spade Acquisition III CoBIII · NYSE	Announced	$175.5M	—	Jan 2026	Jan 5, 2028488d left	Target undisclosed
Black Spade Acquisition II Co—	Completed	$156.9M	—	Aug 2024	—	Technology · Healthcare
Black Spade Acquisition Co—	Completed	$175.3M	$10.00	Jul 2021	—	Technology · Healthcare