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Black Spade Acquisition III Co · BIII

BIIINYSECommon stockCurrentCIK 2087087Updated Nov 3, 2026

Company: Black Spade Acquisition III Co →

BIII price & chart

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About the company

Black Spade Acquisition III Co (“BIII”) is a special purpose acquisition company incorporated for the purpose of effecting a business combination (Special Purpose Acquisition Company or SPAC). While it may pursue a business combination in any industry, BIII is focused on identifying a business combination target in the cross section of entertainment-related enabling technology and digital financial infrastructure. Listed on the NYSE, BIII is the third SPAC from Black Spade Capital Limited (“Black Spade Capital”), a global SPAC sponsor managing a diversified portfolio across regions, sectors and asset classes, including equities (including SPAC and pre-IPO investments), fixed income and real estate. In August 2023, Black Spade Capital’s first SPAC, Black Spade Acquisition Co, completed a US$23 billion business combination with VinFast Auto Ltd. In June 2025, the second SPAC of Black Spade Capital, Black Spade Acquisition II Co, completed a US$488 million business combination with a global media and entertainment powerhouse, The Generation Essentials Group, approximately nine months after BSII’s IPO.

8-K · 2026-08-27 · 0001104659-26-102023

Company description from the cited filing.

Financials

FY 2025 · USD
Revenue— · FY 2025
Net income— · FY 2025
Operating income— · FY 2025
Diluted EPS— · FY 2025

Some figures are unavailable for this reporting year.

balance sheet · annual statements
Line itemQ3 2025Q2 2026Q1 2026FY 2025
ASSETS
AssetsUSD344,358
Source

10-Q · 2026-02-19 · 0001104659-26-017531

As of 2025-09-30

176,222,050
Source

10-Q · 2026-08-11 · 0001104659-26-093554

As of 2026-06-30

174,815,626
Source

10-Q · 2026-05-12 · 0001104659-26-059361

As of 2026-03-31

3,662,952
Source

10-K · 2026-03-06 · 0001104659-26-024679

As of 2025-12-31

Current assets:
Cash and Cash Equivalents, at Carrying ValueUSD0
Source

10-Q · 2026-02-19 · 0001104659-26-017531

As of 2025-09-30

0
Source

10-Q · 2026-08-11 · 0001104659-26-093554

As of 2026-06-30

0
Source

10-Q · 2026-05-12 · 0001104659-26-059361

As of 2026-03-31

0
Source

10-K · 2026-03-06 · 0001104659-26-024679

As of 2025-12-31

Assets, CurrentUSD25,000
Source

10-Q · 2026-02-19 · 0001104659-26-017531

As of 2025-09-30

753,275
Source

10-Q · 2026-08-11 · 0001104659-26-093554

As of 2026-06-30

898,531
Source

10-Q · 2026-05-12 · 0001104659-26-059361

As of 2026-03-31

3,279,258
Source

10-K · 2026-03-06 · 0001104659-26-024679

As of 2025-12-31

LIABILITIES AND EQUITY
LiabilitiesUSD341,883
Source

10-Q · 2026-02-19 · 0001104659-26-017531

As of 2025-09-30

7,685,457
Source

10-Q · 2026-08-11 · 0001104659-26-093554

As of 2026-06-30

7,127,462
Source

10-Q · 2026-05-12 · 0001104659-26-059361

As of 2026-03-31

3,724,329
Source

10-K · 2026-03-06 · 0001104659-26-024679

As of 2025-12-31

Stockholders’ equity:
Additional Paid in CapitalUSD24,425
Source

10-Q · 2026-02-19 · 0001104659-26-017531

As of 2025-09-30

——24,425
Source

10-K · 2026-03-06 · 0001104659-26-024679

As of 2025-12-31

Retained Earnings (Accumulated Deficit)USD-22,525
Source

10-Q · 2026-02-19 · 0001104659-26-017531

As of 2025-09-30

-6,932,757
Source

10-Q · 2026-08-11 · 0001104659-26-093554

As of 2026-06-30

-6,229,506
Source

10-Q · 2026-05-12 · 0001104659-26-059361

As of 2026-03-31

-86,377
Source

10-K · 2026-03-06 · 0001104659-26-024679

As of 2025-12-31

Stockholders' Equity Attributable to ParentUSD0
Source

10-Q · 2026-02-19 · 0001104659-26-017531

As of 2025-08-20

-6,932,182
Source

10-Q · 2026-08-11 · 0001104659-26-093554

As of 2026-06-30

-6,228,931
Source

10-Q · 2026-05-12 · 0001104659-26-059361

As of 2026-03-31

-61,377
Source

10-K · 2026-03-06 · 0001104659-26-024679

As of 2025-12-31

Liabilities and EquityUSD344,358
Source

10-Q · 2026-02-19 · 0001104659-26-017531

As of 2025-09-30

176,222,050
Source

10-Q · 2026-08-11 · 0001104659-26-093554

As of 2026-06-30

174,815,626
Source

10-Q · 2026-05-12 · 0001104659-26-059361

As of 2026-03-31

3,662,952
Source

10-K · 2026-03-06 · 0001104659-26-024679

As of 2025-12-31

Current liabilities:
Liabilities, CurrentUSD341,883
Source

10-Q · 2026-02-19 · 0001104659-26-017531

As of 2025-09-30

809,457
Source

10-Q · 2026-08-11 · 0001104659-26-093554

As of 2026-06-30

251,462
Source

10-Q · 2026-05-12 · 0001104659-26-059361

As of 2026-03-31

3,724,329
Source

10-K · 2026-03-06 · 0001104659-26-024679

As of 2025-12-31

Additional Financial Items
Accrued Liabilities, CurrentUSD12,105
Source

10-Q · 2026-02-19 · 0001104659-26-017531

As of 2025-09-30

724,457
Source

10-Q · 2026-08-11 · 0001104659-26-093554

As of 2026-06-30

166,462
Source

10-Q · 2026-05-12 · 0001104659-26-059361

As of 2026-03-31

43,299
Source

10-K · 2026-03-06 · 0001104659-26-024679

As of 2025-12-31

Lines labelled “Derived” are calculated from reported figures.

cash flow · annual statements
Line itemQ3 2025Q2 2026Q1 2026
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest———
Source

10-Q · 2026-05-12 · 0001104659-26-059361

2026-01-01 to 2026-03-31

Net Cash Provided by (Used in) Operating Activities———
Source

10-Q · 2026-05-12 · 0001104659-26-059361

2026-01-01 to 2026-03-31

Net Cash Provided by (Used in) Investing Activities———
Source

10-Q · 2026-05-12 · 0001104659-26-059361

2026-01-01 to 2026-03-31

Net Cash Provided by (Used in) Financing Activities———
Source

10-Q · 2026-05-12 · 0001104659-26-059361

2026-01-01 to 2026-03-31

Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents—
Source

10-Q · 2026-02-19 · 0001104659-26-017531

As of 2025-08-20

—
Source

10-Q · 2026-08-11 · 0001104659-26-093554

As of 2026-06-30

—
Source

10-Q · 2026-05-12 · 0001104659-26-059361

As of 2026-03-31

Share-based Payment Arrangement, Expense———
Source

10-Q · 2026-05-12 · 0001104659-26-059361

2026-01-01 to 2026-03-31

General and Administrative Expense——
Source

10-Q · 2026-08-11 · 0001104659-26-093554

2026-04-01 to 2026-06-30

—
Source

10-Q · 2026-05-12 · 0001104659-26-059361

2026-01-01 to 2026-03-31

Income Tax Expense (Benefit)———
Source

10-Q · 2026-05-12 · 0001104659-26-059361

2026-01-01 to 2026-03-31

Investment Income, Interest——
Source

10-Q · 2026-08-11 · 0001104659-26-093554

2026-04-01 to 2026-06-30

—
Source

10-Q · 2026-05-12 · 0001104659-26-059361

2026-01-01 to 2026-03-31

Net Income (Loss) Attributable to Parent——
Source

10-Q · 2026-08-11 · 0001104659-26-093554

2026-04-01 to 2026-06-30

—
Source

10-Q · 2026-05-12 · 0001104659-26-059361

2026-01-01 to 2026-03-31

Nonoperating Income (Expense)——
Source

10-Q · 2026-08-11 · 0001104659-26-093554

2026-04-01 to 2026-06-30

—
Source

10-Q · 2026-05-12 · 0001104659-26-059361

2026-01-01 to 2026-03-31

Lines labelled “Derived” are calculated from reported figures.

income statement · annual statements
Line itemQ2 2026Q1 2026
Operating Income (Loss)—
Source

10-Q · 2026-08-11 · 0001104659-26-093554

2026-04-01 to 2026-06-30

—
Source

10-Q · 2026-05-12 · 0001104659-26-059361

2026-01-01 to 2026-03-31

Income Tax Expense (Benefit)——
Source

10-Q · 2026-05-12 · 0001104659-26-059361

2026-01-01 to 2026-03-31

Net Income (Loss) Attributable to Parent—
Source

10-Q · 2026-08-11 · 0001104659-26-093554

2026-04-01 to 2026-06-30

—
Source

10-Q · 2026-05-12 · 0001104659-26-059361

2026-01-01 to 2026-03-31

General and Administrative Expense—
Source

10-Q · 2026-08-11 · 0001104659-26-093554

2026-04-01 to 2026-06-30

—
Source

10-Q · 2026-05-12 · 0001104659-26-059361

2026-01-01 to 2026-03-31

Investment Income, Interest—
Source

10-Q · 2026-08-11 · 0001104659-26-093554

2026-04-01 to 2026-06-30

—
Source

10-Q · 2026-05-12 · 0001104659-26-059361

2026-01-01 to 2026-03-31

Nonoperating Income (Expense)—
Source

10-Q · 2026-08-11 · 0001104659-26-093554

2026-04-01 to 2026-06-30

—
Source

10-Q · 2026-05-12 · 0001104659-26-059361

2026-01-01 to 2026-03-31

Lines labelled “Derived” are calculated from reported figures.

Offerings

Registration 333-290602

S-1/A · 2026-01-05 · 0001104659-26-000346

Terms from the governing filing for this registration; not a claim that the offering is open today.

Filing attachments

tm2624075d1_ex4-1.htm · 425 · 2026-08-27

Exhibit 4.1 AMENDMENT NO. 1 TO WARRANT AGREEMENT THIS AMENDMENT NO. 1 TO WARRANT AGREEMENT (this “ Agreement ”), dated as of August 27, 2026, is entered into by and between Black Spade Acquisition III Co, a Cayman Islands exempted company (the “ Company ”), and Continental Stock Transfer & Trust Company, a New York corporation, as warrant agent (in such capacity, the “ Warrant Agent ”), and amends the Warrant Agreement (the “ Warrant Agreement ”), dated as of January 5, 2026, by and among the …

425 · 2026-08-27 · 0001104659-26-102032

Read attachment ↗
tm2624075d1_ex99-1.htm · 425 · 2026-08-27

Exhibit 99.1 PRESS RELEASE ASTRUM SPACE INC TO GO PUBLIC THROUGH BUSINESS COMBINATION WITH BLACK SPADE ACQUISITION III CO Astrum Space Inc (“Astrum”) is developing a next-generation satellite-to-device (“S2D”) broadcast network to serve the Asia-Pacific region. Astrum holds 25 MHz of contiguous L-band spectrum at 1467–1492 MHz and spectrum and orbital resources associated with the strategic 105°E GEO position. Astrum currently operates its own in-orbit GEO satellite and is d…

425 · 2026-08-27 · 0001104659-26-102032

Read attachment ↗
tm2624075d1_ex4-1.htm · 8-K · 2026-08-27

EX-4.1 3 tm2624075d1_ex4-1.htm EXHIBIT 4.1 Exhibit 4.1 AMENDMENT NO. 1 TO WARRANT AGREEMENT THIS AMENDMENT NO. 1 TO WARRANT AGREEMENT (this “ Agreement ”), dated as of August 27, 2026, is entered into by and between Black Spade Acquisition III Co, a Cayman Islands exempted company (the “ Company ”), and Continental Stock Transfer & Trust Company, a New York corporation, as warrant agent (in such capacity, the “ Warrant Agent ”), and amends the Warrant Agreement (the “ Warrant Agreement ”),…

8-K · 2026-08-27 · 0001104659-26-102023

Read attachment ↗
tm2624075d1_ex99-1.htm · 8-K · 2026-08-27

EX-99.1 9 tm2624075d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 PRESS RELEASE ASTRUM SPACE INC TO GO PUBLIC THROUGH BUSINESS COMBINATION WITH BLACK SPADE ACQUISITION III CO Astrum Space Inc (“Astrum”) is developing a next-generation satellite-to-device (“S2D”) broadcast network to serve the Asia-Pacific region. Astrum holds 25 MHz of contiguous L-band spectrum at 1467–1492 MHz and spectrum and orbital resources associated with the strategic 105°E GEO position. Astrum currentl…

8-K · 2026-08-27 · 0001104659-26-102023

Read attachment ↗
ea027649501ex99-1_black3.htm · SCHEDULE 13G · 2026-02-11

Exhibit 99.1 JOINT FILING AGREEMENT February 11, 2026 Pursuant to and in accordance with the Securities Exchange Act of 1934, as amended (the “ Exchange Act ”), and the rules and regulations thereunder, each party hereto hereby agrees to the joint filing, on behalf of each of them, of any filing required by such party under Section 13 or Section 16 of the Exchange Act or any rule or regulation thereunder (including any amendment, restatement, supplement, and/or exhibit thereto) with the Secur…

SCHEDULE 13G · 2026-02-11 · 0001213900-26-014842

Read attachment ↗
tm264047d1_ex99-1.htm · 8-K · 2026-01-26

Exhibit 99.1 Black Spade Acquisition III Co Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing January 29, 2026 HONG KONG - January 26, 2026 - Black Spade Acquisition III Co (the “Company”) announced that commencing January 29, 2026, holders of the units sold in the Company’s initial public offering of 17,250,000 units (which includes 2,250,000 units issued pursuant to the full exercise by the underwriters of their over-allotment option), with a total gross p…

8-K · 2026-01-26 · 0001104659-26-006523

Read attachment ↗

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