HONG KONG, Nov. 8, 2024 /PRNewswire/ -- A SPAC III Acquisition Corp. (the "Company"), a blank check company incorporated as a British Virgin Islands exempted company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, today announced the pricing of its initial public offering of 5,500,000 units at an offering price of $10.00 per unit, with each unit consisting of one Class A ordinary share and one right. Each right entitles the holder to receive one-tenth (1/10) of one Class A ordinary share upon consummation of the Company's initial business combination. The units are expected to trade on the Nasdaq Capital Market ("Nasdaq") under the ticker symbol "ASPCU" beginning on November 8, 2024. Once the securities comprising the units begin separate trading, the Class A ordinary shares and rights will be traded on Nasdaq under the symbols "ASPC" and "ASPCR," respectively.
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