Welcome to our dedicated page for Ithax Acquisition Iii news (Ticker: ITHAU), a resource for investors and traders seeking the latest updates and insights on Ithax Acquisition Iii stock.
News for ITHAX Acquisition Corp III (ITHAU) centers on its activities as a blank check company listed on the Nasdaq Global Market. As a SPAC formed to complete a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination, company updates are closely tied to its progress toward identifying and executing a transaction.
According to its public statements, ITHAX Acquisition Corp III intends to focus its search on businesses in asset management, leisure, hospitality, catering, travel, entertainment, gaming, lifestyle and related services, with an emphasis on targets driven by next-generation technologies such as AI and digital assets. News items may therefore include announcements related to potential or definitive business combination agreements in these areas.
Investors and observers can expect coverage of several recurring themes: the company’s initial public offering and any subsequent capital markets activity; updates on the status of its trust account and redemption terms; board and governance developments; and any press releases or SEC filings that describe material agreements or changes to its charter. As a SPAC, a major news milestone would be the announcement of a proposed business combination, followed by shareholder meeting details and voting outcomes.
This news page aggregates such disclosures, including press releases referenced in the company’s Form 8-K and future regulatory filings. For those tracking ITHAX Acquisition Corp III, monitoring this feed can provide a consolidated view of its path from capital raising through to any potential business combination or related corporate actions.
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.