Bleichroeder Acquisition Corp. III (symbol: BCCQ) is the issuer of record for a Form 8-K filing submitted to the SEC.
Bleichroeder Acquisition Corp. III is a Cayman Islands special purpose acquisition company formed on April 1, 2026 to complete a Business Combination. For the period from inception through June 30, 2026, it had no operating revenues and reported a net loss of $2,078,048, driven by $62,298 of formation, general and administrative costs and $2,015,750 of share-based compensation to officers. At June 30, 2026, total assets were $512,356, mainly deferred offering costs, against current liabilities of $549,654, resulting in a shareholders’ deficit of $37,298 and a working capital deficit of $527,974.
Subsequent to quarter-end, on July 8, 2026 the company completed its IPO of 34,500,000 units at $10.00 per unit, including full over-allotment, generating $345,000,000 of gross proceeds, and sold 8,500,000 Private Placement Warrants for an additional $8,500,000. An aggregate $345,000,000 was placed in a Trust Account at $10.00 per public share, while transaction costs totaled $21,364,856. The SPAC has 24 months from the IPO closing (the “Completion Window”) to consummate a Business Combination and may use up to $2,000,000 in convertible Working Capital Loans if needed.