Every 10-Q that New Providence Acquisition Corp. III (NPAC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow NPAC 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 NPAC filings page.
New Providence Acquisition Corp. III is a Cayman Islands SPAC formed to complete a Business Combination, currently pursuing a merger with Abra Financial Holdings under the Abra Business Combination Agreement. It raised $300,150,000 in its IPO and a further $8,720,750 via private placement units.
As of June 30, 2026, total assets were $315.7 million, including $315.5 million of marketable securities in a Trust Account, valued at $10.51 per Public Share for 30,015,000 Class A shares subject to redemption. Cash outside the trust was $63,822, with a working capital deficit of $1.17 million and advances from a related party of $200,000.
For the six months ended June 30, 2026, the company reported net income of $3.61 million, driven by $5.49 million of interest on trust investments, offset by $1.89 million of general and administrative costs. Management discloses that limited liquidity and the April 25, 2027 deadline to complete a Business Combination raise substantial doubt about its ability to continue as a going concern.
New Providence Acquisition Corp. III, a SPAC, reported total assets of $313,253,239 as of March 31, 2026, almost entirely in a Trust Account holding $312,721,919 (about $10.42 per redeemable share). Operating cash outside the trust was $324,608 with a working capital deficit of $639,908, and Management disclosed substantial doubt about the company’s ability to continue as a going concern if no deal or additional funding is secured.
For the quarter, the company generated net income of $1,371,432, driven by $2,725,776 of interest on trust investments, offset by $1,354,344 of general and administrative costs. The SPAC has until April 25, 2027 to complete a business combination or redeem public shares.
On March 16, 2026, NPAC signed a Business Combination Agreement with Abra Financial Holdings, Inc. valuing Abra at $750,000,000 in stock consideration, with Abra to become a wholly owned subsidiary after NPAC’s domestication to Delaware and the closing of the Merger.
New Providence Acquisition Corp. III reported third-quarter results consistent with a SPAC in its pre-merger phase. The company recorded Q3 net income of $2,993,917, driven by $3,174,569 of interest earned on trust assets, offset by $180,652 of general and administrative costs. For the nine months ended September 30, 2025, net income was $4,986,136, reflecting interest income on the trust portfolio.
The trust held $307,034,251 as of September 30, 2025, with public shares redeemable at $10.23 per share. Outside the trust, the company had $918,036 in cash and a $986,491 working capital surplus. Transaction costs from the IPO totaled $18,631,614, including a $12,789,000 deferred underwriting fee payable upon a business combination.
The SPAC has until April 25, 2027 to complete a merger. Management disclosed substantial doubt about the company’s ability to continue as a going concern absent additional financing or a completed business combination, a common risk factor for SPACs pre-deal.