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.
ITHAX Acquisition Corp III is a blank-check company formed to pursue a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. News about ITHAU centers on its initial public offering, Nasdaq-listed units, trust-account funding, private-placement warrants, and the security structure of its Class A ordinary shares and redeemable warrants.
The company has stated that it may pursue a target in any industry, with an intended focus on asset management, leisure, hospitality, catering, travel, entertainment, gaming, lifestyle and related services, including businesses shaped by AI and digital assets. Recurring updates also cover SPAC governance, capital-structure matters, shareholder voting topics and operating or financial results.
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.