Every 10-Q that New Providence Acquisition Corp. III Warrants (NPACW) 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 NPACW 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 NPACW 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 (NPACW) filed a Form 10-Q for the quarter ended June 30, 2025 describing its SPAC formation, financing and balance sheet position. The company completed a $300.15 million initial public offering on April 25, 2025 (30,015,000 Public Units at $10.00 each, including full exercise of the 3,915,000 over-allotment Option) and a $8.72 million private placement of 872,075 units. Net proceeds of $301,650,750 were placed in a Trust Account invested in U.S. Treasury-backed money-market instruments. The per-Public-Share redemption value was $10.12 as of June 30, 2025. Cash on hand outside the trust was $1,086,556. Underwriting fees of $5.22 million were paid at closing and a Deferred Underwriting Fee of $12,789,000 is payable upon completion of a Business Combination. The company has 7,503,750 Founder (Class B) shares outstanding and 10,295,692 warrants outstanding (10,005,000 Public Warrants and 290,692 Private Placement Warrants). The registrant has not identified a Business Combination target and retains the Combination Period through April 25, 2027.