Helix Acquisition Corp. III filings document the company's SPAC formation, public-company capital structure, IPO closing, private placement shares, and trust-account arrangements. Its Form 8-K disclosures include material-event reporting tied to the sale of Class A ordinary shares, sponsor private placement funding, and the audited balance sheet reflecting receipt of offering proceeds.
The filings identify Helix Acquisition Corp. III as a Cayman Islands blank-check company with Class A ordinary shares listed on Nasdaq. They also disclose governance and issuer-status information relevant to its role as a SPAC seeking an initial business combination.
Helix Holdings III LLC and Bihua Chen have filed a Schedule 13D showing significant sponsor control of Helix Acquisition Corp. III’s Class A ordinary shares. Helix Holdings III LLC reports beneficial ownership of 4,750,000 Class A ordinary shares (including Class B founder shares on an as-converted basis), representing 21.5% of the class. Bihua Chen, as managing member of the sponsor’s general partners and CEO and chair of the Issuer, is deemed to beneficially own 5,550,000 Class A ordinary shares, or 25.2%.
The filing details 4,252,500 founder Class B shares acquired for $25,000, 497,500 private placement Class A shares purchased for $4,975,000, and 800,000 Class A “Insider Public Shares” bought in the IPO for $8,000,000. A letter agreement and related contracts impose voting commitments in favor of a future business combination, extensive lock-up and redemption waivers, registration rights, an administrative services and indemnification arrangement, a $300,000 sponsor promissory note, and the potential for up to $1,500,000 of related-party loans convertible into post-combination private placement shares.
Helix Acquisition Corp. III’s Class A shares are the subject of a new ownership disclosure by Millennium-affiliated entities. Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander each report beneficial ownership of 1,098,535 Class A ordinary shares, representing 6.2% of the class, with shared voting and dispositive power.
Integrated Core Strategies (US) LLC separately reports beneficial ownership of 723,535 shares, or 4.1% of the class, also with shared voting and dispositive power. The filers state that the securities are not held for the purpose of changing or influencing control of Helix Acquisition Corp. III and are instead reported on a passive basis under Schedule 13G.