Welcome to our dedicated page for Ithax Acquisition Iii news (Ticker: ITHAW), a resource for investors and traders seeking the latest updates and insights on Ithax Acquisition Iii stock.
News and updates for ITHAW focus on the activities of ITHAX Acquisition Corp III, the blank check company whose redeemable warrants trade under this symbol. Public announcements describe ITHAX Acquisition Corp III as a newly incorporated SPAC formed to pursue a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Company news has highlighted key capital markets milestones, including the pricing and closing of its initial public offering of units on the Nasdaq Global Market. These units consist of Class A ordinary shares and redeemable warrants, with the company expecting the shares and warrants to trade separately under the symbols "ITHA" and "ITHAW," respectively. Coverage of these events typically details the size of the offering, the role of the underwriter and the placement of proceeds into a trust account.
Future news related to ITHAW and ITHAX Acquisition Corp III is likely to center on progress toward identifying and executing a business combination. The company has stated an intention to focus its search on target businesses in asset management, leisure, hospitality, catering, travel, entertainment, gaming, lifestyle and related services sectors, particularly where next-generation technologies, AI and digital assets play a role. Announcements about any proposed or completed transactions, changes in capital structure or updates to SEC filings are therefore key items of interest for followers of this warrant.
Investors and observers can use this news feed to monitor official press releases and market-facing statements from ITHAX Acquisition Corp III that relate to the ITHAW warrants, the underlying Class A ordinary shares and the company’s efforts to complete a qualifying business combination.
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.