Welcome to our dedicated page for Ithax Acquisition Iii news (Ticker: ITHA), a resource for investors and traders seeking the latest updates and insights on Ithax Acquisition Iii stock.
News and updates for ITHAX Acquisition Corp III (ITHA) center on its activities as a special purpose acquisition company. The company has announced the pricing and closing of an initial public offering of units on the Nasdaq Global Market under the symbol ITHAU, with each unit consisting of one Class A ordinary share and one-half of one redeemable warrant. These events define the early news flow for the company as it establishes its capital structure and trading presence.
According to its public statements, ITHAX Acquisition Corp III was formed to pursue a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. It notes an intention to focus on targets in asset management, leisure, hospitality, catering, travel, entertainment, gaming, lifestyle and related services sectors, particularly those driven by next-generation technologies including AI and digital assets. News about the company is therefore likely to highlight future steps in its search for a suitable business combination within these areas.
Investors and observers following ITHAX Acquisition Corp III can use this news page to review company announcements related to its initial public offering, the performance and separation of its units, Class A ordinary shares and warrants, and any future disclosures about potential or completed business combinations. As a SPAC, key developments typically include regulatory filings tied to its offering, updates on its trust account and capital structure, and any material information about negotiations with target businesses.
By tracking these items in one place, readers can monitor how ITHAX Acquisition Corp III progresses from its initial listing and fundraising activities toward identifying and potentially combining with an operating company in its stated focus sectors.
ITHAX Acquisition Corp III (NASDAQ: ITHAU) announced that, commencing January 20, 2026, holders of units from its IPO may elect to separately trade the Company’s Class A ordinary shares and warrants.
Separated Class A ordinary shares will trade under ITHA and separated warrants will trade under ITHAW on the Nasdaq Global Market; units that remain combined will continue to trade under ITHAU. No fractional warrants will be issued upon separation and only whole warrants will trade. Holders must have their brokers contact Continental Stock Transfer & Trust Company, the transfer agent, to effect separation.
ITHAX Acquisition Corp III (NYSE: ITHA) closed its initial public offering of 23,000,000 units at $10.00 per unit (including a full 3,000,000‑unit over‑allotment), generating gross proceeds of $230,000,000. Units began trading on the Nasdaq Global Market under the symbol ITHAU on December 12, 2025. Each unit contains one Class A ordinary share and one‑half of a redeemable warrant; whole warrants allow purchase of one Class A share at $11.50. The company placed $230,000,000 in a trust account and named Cantor Fitzgerald as sole book‑running manager. The sponsor and CEO/CFO/Chair is Orestes Fintiklis. The company intends to seek a business combination in specified consumer and asset‑management sectors.
ITHAX Acquisition Corp III (Ticker: ITHA / ITHAU units) priced an initial public offering of 20,000,000 units at $10.00 per unit for gross proceeds of $200 million. Units are expected to begin trading on the Nasdaq Global Market under ITHAU on December 12, 2025. Each unit contains one Class A share and one-half redeemable warrant; each whole warrant is exercisable for one Class A share at $11.50. The company granted underwriters a 45-day option to purchase up to 3,000,000 additional units. The registration statement was declared effective by the SEC on December 11, 2025.
The sponsor is Orestes Fintiklis, founder of Ithaca Capital Partners, who serves as CEO, CFO and chairman. The company was formed as a blank check company to pursue a business combination, currently targeting sectors including asset management, leisure, hospitality, travel, entertainment, gaming, lifestyle and related services with technology focus.
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