HELIX ACQUISITION CORP III SEC Filings

Helix Acquisition Corp. III reports a Schedule 13G disclosure showing beneficial ownership of 1,250,000 shares of Class A ordinary shares by Nantahala Capital Management, LLC as of March 31, 2026. The filing states that Nantahala and its managers, Wilmot B. Harkey and Daniel Mack, each may be deemed to beneficially own 1,250,000 shares, representing 8.33% of the class. The disclosed holdings reflect shared voting and dispositive power of 1,250,000 shares for each Reporting Person; sole voting and dispositive power are reported as 0.

Helix Acquisition Corp. III, a Cayman Islands-based special purpose acquisition company, reports its first quarterly results after its January 26, 2026 initial public offering. The company raised $172,500,000 from 17,250,000 Class A public shares and $4,975,000 from 497,500 private placement shares, placing $172,500,000 into a U.S. Trust Account.

As of March 31, 2026, investments in the Trust Account totaled $173,568,126, including $1,068,126 of interest income. Helix reported net income of $840,973 for the quarter, driven by interest on Trust investments, partially offset by $227,153 in general and administrative expenses.

The company held cash of $2,367,866 outside the Trust Account and working capital of $2,292,522, which management believes is sufficient for at least one year of operations while it searches for a suitable business combination within the 24‑month completion window.

Helix Acquisition Corp. III (HLXC) Schedule 13G reports that Balyasny Asset Management and related entities may be deemed beneficial owners of 1,237,500 shares of Common Stock. The filing states this equals approximately 6.97% of the class, based on 17,747,500 shares outstanding as of March 27, 2026.

The shares are held directly by Atlas Diversified Master Fund, Ltd. (ADMF), an investment management client of BAM; BAM and affiliated entities disclose voting and dispositive power through their managerial relationships. The filing lists the reporting persons and their shared corporate control chain.

Helix Acquisition Corp. III reports beneficial ownership of 1,250,000 Class A ordinary shares. The filing states that Affinity Asset Advisors, LLC and Michael Cho collectively beneficially own 1,250,000 shares, representing 7.0% of the Class A shares outstanding as of March 31, 2026. The filing cites 17,747,500 shares outstanding as of March 30, 2026.

Helix Acquisition Corp. III reports that SilverArc Capital Management, LLC and Devesh S. Gandhi beneficially own 1,208,986 shares of Class A Common Stock, representing 6.8% of the class. SilverArc is reported to hold these shares as an investment adviser to multiple client funds, and Gandhi is the sole member of SilverArc.

Helix Acquisition Corp. III filed Amendment No. 1 to a Schedule 13G/A reporting shared beneficial ownership positions held by several related Millennium entities and Israel A. Englander. The filing lists 855,721 shares (4.8%) for Millennium Management LLC and Millennium Group Management LLC and Mr. Englander, and 480,721 shares (2.7%) for Integrated Core Strategies (US) LLC. The filing is accompanied by a Joint Filing Agreement dated May 1, 2026.

Helix Acquisition Corp. III is a Cayman Islands blank check company formed in 2025 to complete an initial business combination, primarily targeting healthcare or healthcare-related industries. It has no operations and only nominal assets outside of cash.

On January 26, 2026, the company completed an IPO of 17,250,000 Class A ordinary shares at $10.00 per share, plus a private placement of 497,500 Class A shares to the sponsor at $10.00, and placed $172,500,000 into a U.S. trust account. Public shareholders can redeem their Class A shares for cash in connection with a business combination or certain charter amendments, subject to limitations, while the sponsor and insiders have waived redemption rights on their founder and private placement shares.

Helix has 24 months from the IPO closing to complete a business combination or redeem public shares and liquidate. It qualifies as an emerging growth company and a smaller reporting company, allowing reduced reporting and compliance requirements.

Helix Acquisition Corp. III received a Schedule 13G reporting that RA Capital Healthcare Fund, L.P. directly holds 1,250,000 Class A ordinary shares, equal to 7.0% of the class. This percentage is based on 17,747,500 Class A ordinary shares outstanding as of January 26, 2026.

RA Capital Management, L.P., and its managers Peter Kolchinsky and Rajeev Shah may be deemed beneficial owners for Section 13(d) purposes through their roles over the fund, but each disclaims beneficial ownership beyond reporting obligations. The filing is made on a passive basis, certifying the shares are not held to change or influence control of Helix Acquisition Corp. III.

Helix Acquisition Corp. III, a Cayman Islands-based blank check company, has completed its initial public offering of 17,250,000 Class A ordinary shares at $10.00 each, raising gross proceeds of $172,500,000. It also completed a private placement of 497,500 Class A shares to its sponsor at $10.00 per share for an additional $4,975,000.

A total of $172,500,000 from the IPO and private placement has been placed in a U.S.-based trust account for a future business combination, while cash outside the trust was $3,275,000 as of January 26, 2026. The balance sheet shows total assets of $175,779,938 and a shareholders’ deficit of $2,622,146, typical for a newly formed SPAC

The company has 24 months from the IPO closing to complete an initial business combination. Public shareholders will have the right to redeem their shares for cash held in the trust in connection with a business combination or if no deal is completed within the required timeframe.