Bank of Montreal now reports 0% ASPAC III (ASPC) share stake

Rhea-AI Filing Summary

Bank of Montreal and affiliates have filed an amended Schedule 13G reporting that they no longer beneficially own any Class A ordinary shares of ASPAC III Acquisition Corp. The filing lists Bank of Montreal, Bank of Montreal Holding Inc., and BMO Nesbitt Burns Inc. as reporting persons.

Each entity reports beneficial ownership of 0 shares, with 0% of the class, and no sole or shared power to vote or dispose of any shares. The filing states ownership of 5 percent or less of the class and certifies the securities were held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

ASPAC III Acquisition Corp.

(Name of Issuer)

Class A ordinary shares

(Title of Class of Securities)

G0544A137

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. G0544A137

1

Names of Reporting Persons

BANK OF MONTREAL

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

Unknown

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

CUSIP No. G0544A137

1

Names of Reporting Persons

BANK OF MONTREAL HOLDING INC.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CANADA (FEDERAL LEVEL)

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

BK

SCHEDULE 13G

CUSIP No. G0544A137

1

Names of Reporting Persons

BMO NESBITT BURNS INC.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CANADA (FEDERAL LEVEL)

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

BD

SCHEDULE 13G

Item 1.
(a)	Name of issuer: ASPAC III Acquisition Corp.
(b)	Address of issuer's principal executive offices: 200 Gloucester Road, 29th Floor, Wanchai, HONG KONG 00000
Item 2.
(a)	Name of person filing: BANK OF MONTREAL BANK OF MONTREAL HOLDING INC. BMO NESBITT BURNS INC.
(b)	Address or principal business office or, if none, residence: 1 First Canadian Place Toronto, Ontario, Canada M5X1A1
(c)	Citizenship: BANK OF MONTREAL - UNKNOWN BANK OF MONTREAL HOLDING INC. - CANADA (FEDERAL LEVEL) BMO NESBITT BURNS INC. - CANADA (FEDERAL LEVEL)
(d)	Title of class of securities: Class A ordinary shares
(e)	CUSIP No.: G0544A137
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 0
(b)	Percent of class: 0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: BANK OF MONTREAL - 0 BANK OF MONTREAL HOLDING INC. - 0 BMO NESBITT BURNS INC. - 0
	(ii) Shared power to vote or to direct the vote: BANK OF MONTREAL - 0 BANK OF MONTREAL HOLDING INC. - 0 BMO NESBITT BURNS INC. - 0
	(iii) Sole power to dispose or to direct the disposition of: BANK OF MONTREAL - 0 BANK OF MONTREAL HOLDING INC. - 0 BMO NESBITT BURNS INC. - 0
	(iv) Shared power to dispose or to direct the disposition of: BANK OF MONTREAL - 0 BANK OF MONTREAL HOLDING INC. - 0 BMO NESBITT BURNS INC. - 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Documents.
Item 8.	Identification and Classification of Members of the Group.
	If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group. Each reporting person may be deemed to be a member of a group with respect to the issuer or securities of the issuer for the purposes of Section 13(d) or 13(g) of the Act. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section13(d) or 13(g) of the Act or any other purpose, (i) acting (or has agreed or is agreeing to act) with any other person as a partnership, limited partnership, syndicate, or other group for the purpose of acquiring, holding, or disposing of securities of the issuer or otherwise with respect to the issuer or any securities of the issuer or (ii) a member of any syndicate or group with respect to the issuer or any securities of the issuer.
Item 9.	Notice of Dissolution of Group.
	Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5. Each reporting person may be deemed to be a member of a group with respect to the issuer or securities of the issuer for the purposes of Section 13(d) or 13(g) of the Act. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section13(d) or 13(g) of the Act or any other purpose, (i) acting (or has agreed or is agreeing to act) with any other person as a partnership, limited partnership, syndicate, or other group for the purpose of acquiring, holding, or disposing of securities of the issuer or otherwise with respect to the issuer or any securities of the issuer or (ii) a member of any syndicate or group with respect to the issuer or any securities of the issuer.

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

BANK OF MONTREAL

Signature:	Kathryn Cenac
Name/Title:	Managing Director - Regulatory Solutions Group
Date:	02/12/2026

BANK OF MONTREAL HOLDING INC.

Signature:	Kathryn Cenac
Name/Title:	Managing Director - Regulatory Solutions Group
Date:	02/12/2026

BMO NESBITT BURNS INC.

Signature:	Kathryn Cenac
Name/Title:	Managing Director - Regulatory Solutions Group
Date:	02/12/2026

FAQ

What does the ASPC Schedule 13G/A filing by Bank of Montreal report?

The Schedule 13G/A filing reports that Bank of Montreal and its affiliates now beneficially own 0 Class A ordinary shares of ASPAC III Acquisition Corp., representing 0% of the class, and have no voting or dispositive power over any of the issuer’s shares.

Who are the reporting persons in the ASPC Schedule 13G/A?

The reporting persons are Bank of Montreal, Bank of Montreal Holding Inc., and BMO Nesbitt Burns Inc. Each entity reports the same position: 0 shares beneficially owned, 0% of the class, and no sole or shared voting or dispositive power over ASPAC III’s Class A ordinary shares.

How much of ASPAC III’s stock does Bank of Montreal currently own?

Bank of Montreal and its related entities report beneficial ownership of 0 Class A ordinary shares of ASPAC III Acquisition Corp., representing 0% of the outstanding class. They also indicate no sole or shared power to vote or dispose of any of the issuer’s securities.

What does “ownership of 5 percent or less” mean in the ASPC 13G/A?

“Ownership of 5 percent or less” confirms the reporting group holds no more than 5% of ASPAC III’s Class A ordinary shares. In this filing, Bank of Montreal and affiliates specifically report 0 shares and 0% of the class, indicating they no longer have a reportable equity position.

Does the ASPC Schedule 13G/A indicate any intent to influence control of the company?

No. The certification states the securities were acquired and held in the ordinary course of business, not for changing or influencing control of ASPAC III Acquisition Corp., and not in connection with any transaction intended to affect control, other than limited proxy nomination activities referenced in the rule citation.

What class of securities is covered in the ASPC Schedule 13G/A?

The filing covers ASPAC III Acquisition Corp.’s Class A ordinary shares, identified by CUSIP G0544A137. Bank of Montreal and its affiliates report 0 shares beneficially owned in this class, corresponding to 0% of the outstanding Class A ordinary shares of the issuer.