Here are the 10-K annual reports from ITHAX Acquisition Corp III Units (ITHAU) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow ITHAU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ITHAU filings page.
ITHAX Acquisition Corp III is a Cayman Islands-based special purpose acquisition company formed in 2025 to complete an initial business combination. It has not selected a target or begun substantive discussions. As of March 24, 2026, it had 23,000,000 Class A and 7,666,667 Class B ordinary shares outstanding.
The company aims to merge with a private business, generally with an enterprise value above $500 million, in sectors such as asset management, leisure, hospitality, travel, entertainment, gaming and lifestyle, especially those using AI and digital assets and with meaningful operations in the United States and other key regions. Management expects intense competition from other SPACs, private investors and strategic buyers, which may pressure deal terms.
The filing describes a typical SPAC structure: IPO proceeds held in a trust, shareholder redemption rights at about $10.00 per share upon a business combination or liquidation, and a requirement to complete a transaction within a defined completion window or return funds. It details how a deal must meet Nasdaq’s 80% fair market value test and be approved by independent directors. Extensive disclosure covers conflicts of interest arising from founder shares, private placement warrants and other SPACs sponsored by the same team, as well as limitations on shareholder influence since Class B holders control director elections before a business combination.