Black Spade Acquisition III Co
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $231.2M
- Price
- $10.05
- % Change (Daily % change from the live per-ticker quote feed.)
- 0.00%
- Volume
- 4.2K
About
Black Spade Acquisition III Co's primary objective is to complete a significant business transaction such as a merger, a swap of shares, the purchase of assets, an acquisition of stock, a corporate restructuring, or a comparable deal involving one or more companies or their property. Established in 2025, this entity maintains its principal office in Central, Hong Kong.
Quick stats
Shares outstanding23.0M
Computed float17.3M
Float / shares75.0%
Key info
SectorFinancial Services
IndustryShell Companies
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0002087087
Websitehttps://www.bsaiii.com
AI Summary
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Astrum Space Inc to Go Public Through Business Combination With Black Spade Acquisition III Co
Black Spade Acquisition III Co (BIII) announced a business combination with Astrum Space Inc, a developer of a satellite-to-device broadcast network targeting the Asia-Pacific region.
The transaction values Astrum at approximately $1 billion in equity, excluding BIII's $172.5 million in trust, with existing Astrum shareholders expected to retain over 80% of the combined company.
Astrum holds 25 MHz of L-band spectrum and is developing the NEASTAR-1 satellite, with launch services contracted to Impulse Space for a late-2028 to early-2029 launch window.