ITHAX Acquisition Corp. III priced its initial public offering of 20,000,000 units at $10.00 per unit on December 11, 2025.
The company plans to list on the Nasdaq Global Market under the ticker symbol ITHAU.
Sponsored by Orestes Fintiklis, the company was formed for the purpose of a business combination in various sectors.
Purpose of Formation
The company aims to effect a merger or business combination in sectors like asset management and leisure.
Unit Composition
Each unit comprises one Class A ordinary share and one-half of one redeemable warrant.
Warrant Structure
Whole warrants, priced at $11.50 per share, will be listed separately under symbols ITHA and ITHAW.
- ITHAX Acquisition Corp. III is targeting sectors enabled by next-gen technologies like AI and digital assets.
- The company's pricing and unit composition reflect its strategic focus on specific industries.
ITHAX Acquisition Corp. III's IPO pricing and structure indicate its strategic vision for future business combinations in targeted industries.