Here are the 424B prospectus supplements from ITHAX Acquisition Corp III Units (ITHAU) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, 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 launching a $200,000,000 initial public offering of 20,000,000 units at $10.00 each. Every unit includes one Class A ordinary share and one-half of a redeemable warrant, with each whole warrant exercisable at $11.50 per share after a business combination. Up to 3,000,000 additional units may be sold under an over-allotment option.
The SPAC will place $200.0 million (or $230.0 million if the over-allotment is fully exercised) into a U.S. trust account, giving public shareholders the right to redeem their shares for their pro rata trust value in connection with a business combination or certain extensions. The company has 24 months to complete a deal, targeting asset management, leisure, hospitality, travel, entertainment, gaming, lifestyle and technology-driven businesses, including those using AI and digital assets.
The sponsor bought 7,666,667 Class B founder shares for $25,000 and will purchase 3,500,000 private placement warrants, alongside 2,000,000 private placement warrants for Cantor Fitzgerald & Co., creating significant potential dilution for public investors through founder share conversion, anti-dilution adjustments, and warrant exercises.