HELIX ACQUISITION III Stock Price, News & Analysis
Company Description
Helix Acquisition Corp. III is a Cayman Islands blank-check company formed to pursue a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company is a special purpose acquisition company, or SPAC, and its Class A ordinary shares trade on The Nasdaq Global Market under the symbol HLXC.
The company may pursue an initial business combination in any business or industry, but it has stated an intended focus on opportunities in healthcare or healthcare-related industries. As a SPAC, Helix Acquisition Corp. III does not describe a conventional operating business with product sales, manufacturing operations, or service revenue. Its public-company structure is centered on raising capital, holding IPO proceeds in trust, and seeking a qualifying business combination.
Helix Acquisition Corp. III completed its initial public offering of Class A ordinary shares in January 2026. The company also completed a simultaneous private placement of Class A ordinary shares to Helix Holdings III LLC, its sponsor. Proceeds from the public offering and private placement were placed in a U.S.-based trust account maintained by Continental Stock Transfer & Trust Company as trustee. The trust-account structure is a core feature of the SPAC model and supports the company's business-combination and redemption framework.
The company is sponsored by Helix Holdings III LLC, an affiliate of Cormorant Asset Management. Its principal executive offices are in Boston, Massachusetts, and its incorporation jurisdiction is the Cayman Islands. The company's public disclosures primarily concern its SPAC capital structure, trust account, private placement shares, Nasdaq listing, governance, and the blank-check purpose for which it was formed.
Stock Performance
HELIX ACQUISITION III (HLXC) stock last traded at $10.16. Over the past 12 months, the stock has lost 0.9%. At a market capitalization of $224.1M, HLXC is classified as a micro-cap stock with approximately 22.1M shares outstanding.
HLXC Rankings
Latest News
HELIX ACQUISITION III has 2 recent news articles. Of the recent coverage, 1 article coincided with positive price movement and 0 with negative movement. Key topics include IPO, offering, acquisition. View all HLXC news →
SEC Filings
HELIX ACQUISITION III has filed 5 recent SEC filings, including 4 Form SCHEDULE 13G, 1 Form 10-Q. The most recent filing was submitted on May 15, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all HLXC SEC filings →
Financial Highlights
Upcoming Events
Short Interest History
Short interest in HELIX ACQUISITION III (HLXC) currently stands at 903 shares, down 15.5% from the previous reporting period, representing 0.0% of the float. Over the past 12 months, short interest has increased by 589.3%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for HELIX ACQUISITION III (HLXC) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed.
HLXC Company Profile & Sector Positioning
HELIX ACQUISITION III (HLXC) operates in the Shell Companies industry within the broader Blank Checks sector and is listed on the NASDAQ. In monthly performance, the stock ranks #2,135 among all tracked companies.