Welcome to our dedicated page for ARMADA ACQUISITION III news (Ticker: AACIU), a resource for investors and traders seeking the latest updates and insights on ARMADA ACQUISITION III stock.
Armada Acquisition Corp. II (AACIU) generates news primarily related to its activities as a special purpose acquisition company in the Financial Services sector. As a SPAC, the company’s disclosures and press releases focus on its capital markets transactions, sponsor arrangements, and its stated intention to pursue a business combination with one or more businesses.
News coverage for AACIU includes announcements about its initial public offering on the Nasdaq Global Market, where its units began trading under the ticker symbol AACIU. These announcements describe the composition of the units, including Class A ordinary shares and redeemable warrants, and outline the expected separate trading of shares and warrants under the symbols AACI and AACIW.
Another significant category of news involves sponsor-related developments. Armada Acquisition Corp. II has reported the closing of a Sponsor Securities Purchase Agreement in which Arrington XRP Capital Fund, LP acquired securities from the former sponsor, Armada Sponsor II LLC, and became the new sponsor of the company. This transaction also included a limited, revocable license to use the Armada Acquisition Corp. II branding for a defined period.
Because Armada Acquisition Corp. II is focused on identifying a merger or similar transaction, investors and observers follow AACIU news for updates on its search focus in financial services (FinTech), Software-as-a-Service (SaaS), and generative artificial intelligence (AI), as well as any future announcements regarding potential or completed business combinations. This news page allows readers to review these developments and related capital markets updates in one place.
Armada Acquisition Corp. III (AACI) closed its initial public offering of 24,850,000 units at $10.00 per unit, raising gross proceeds of $248,500,000. Units began trading on Nasdaq Global Market on February 18, 2026 under ticker AACIU.
Each unit contains one Class A ordinary share and one-half of a redeemable warrant; whole warrants exercise at $11.50. Separate trading of shares and warrants is expected under AACI and AACIW. The SEC declared the registration effective on February 17, 2026. Leadership and underwriters are listed in the filing.
Armada Acquisition Corp. III (NYSE:AACI) priced a $225,000,000 initial public offering of 22,500,000 units at $10.00 per unit on February 17, 2026. Each unit contains one Class A ordinary share and one-half of a redeemable warrant.
Units will trade as AACIU on Nasdaq beginning February 18, 2026; once separated, shares and warrants are expected to trade as AACI and AACIW. The company granted underwriters a 45-day option for 3,375,000 additional units. The offering is expected to close February 19, 2026, subject to customary closing conditions.
Armada Acquisition Corp. II (Nasdaq: AACI) has completed a significant Sponsor Securities Purchase transaction with Arrington XRP Capital Fund, LP. Under the deal, Arrington acquired 7,880,000 Class B ordinary shares, 400,000 Class A ordinary shares, and 200,000 private placement warrants from Armada Sponsor II LLC for $6.6 million.
The transaction includes a limited, revocable license to the Armada Acquisition Corp. II branding until November 22, 2026. Following the deal, Arrington has become AACI's new sponsor, with Taryn Naidu stepping in as the incoming CEO. Former executives Stephen P. Herbert and Douglas M. Lurio will serve as strategic advisors to support the transition.
Armada Acquisition Corp. II (AACIU) has successfully completed its initial public offering (IPO) of 23 million units at $10.00 per unit, raising gross proceeds of $230 million. Each unit comprises one Class A ordinary share and one-half redeemable warrant, with whole warrants exercisable at $11.50 per share.
The SPAC, led by the same team behind Armada Acquisition Corp. I, aims to merge with businesses in FinTech, SaaS, or generative AI industries. The units began trading on Nasdaq under "AACIU" on May 21, 2025, with the Class A shares and warrants to later trade separately under "AACI" and "AACIW" respectively. Cohen & Company Capital Markets and Northland Capital Markets served as book-runners for the offering.
Armada Acquisition Corp. II (AACIU) has announced the pricing of its initial public offering of 20,000,000 units at $10.00 per unit, totaling $200 million. Each unit includes one Class A ordinary share and one-half redeemable warrant, with whole warrants exercisable at $11.50 per share.
The SPAC will focus on targeting businesses in FinTech, SaaS, or generative AI industries. The company is led by CEO Stephen P. Herbert and has granted underwriters a 45-day option to purchase up to 3,000,000 additional units. Trading is expected to begin on Nasdaq under "AACIU" on May 21, 2025, with the offering closing on May 22, 2025.
Armada Acquisition Corp. I (Nasdaq: AACI) has closed its business combination with Rezolve AI , a leading provider of AI-driven engagement platforms for retail and commerce. The combined company will operate as Rezolve AI , with its common shares and warrants set to begin trading on the Nasdaq on August 16, 2024, under the ticker symbols RZLV and RZLVW, respectively.
Rezolve plans to expand its position as a global provider of a SAAS-based, generative AI-powered sales engine designed to help retailers improve search, advice, and revenue generation. The company's management team, led by Chairman and CEO Daniel Wagner, will continue to lead the public company following the business combination.
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Armada Acquisition Corp. I (NASDAQ: AACI) has received Board approval for a 3-month extension to finalize its business combination with Rezolve Limited, now due by February 17, 2023. An additional $1.5 million has been deposited into Armada’s Trust Account as part of this extension. The amendment to their agreement allows Rezolve to be the listed entity post-combination and adjusts certain equity provisions. Rezolve has made significant strides in 2022, including new partnerships and product launches, enhancing its market presence substantially.
Rezolve Limited updated its 2022 outlook, predicting a significant reduction in Adjusted EBITDA loss, now estimated at $34 million, down from $172 million, while maintaining a revenue target of $219 million, reflecting over 190% growth year-over-year. The company aims to onboard over 300,000 merchants by year-end. Rezolve credits a capital-efficient merchant acquisition strategy for this improvement and expects to achieve profitability by Q3 2023, earlier than previously projected. The outlook is based on existing funding commitments from its merger with Armada Acquisition Corp. I.