3//SEC Filing
Black Spade Sponsor LLC III 3
Accession 0001104659-26-000927
CIK 0002087087other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 9:49 PM ET
Size
6.8 KB
Accession
0001104659-26-000927
Insider Transaction Report
Form 3
Black Spade Sponsor LLC III
10% Owner
Holdings
Class B ordinary shares
→ Class A ordinary shares (5,120,000 underlying)
Footnotes (3)
- [F1]The Class B ordinary shares of the issuer will automatically convert into Class A ordinary shares of the issuer on a one-for-one basis (subject to certain adjustments, including share sub-divisions, share capitalizations, reorganizations, recapitalizations and other transactions) concurrently with or immediately following the consummation of the issuer's initial business combination, as described in the section entitled "Description of Securities" in the issuer's registration statement on Form S-1 (File No. 333-290602) filed with the Securities and Exchange Commission on September 30, 2025. The Class B ordinary shares have no expiration date.
- [F2]Up to 667,827 of the Class B ordinary shares reported herein will be surrendered to the issuer for no consideration after the closing of the initial public offering depending on the extent to which the underwriters' over-allotment option is exercised.
- [F3]The reporting person is the record holder of the Class B ordinary shares reported herein. There are three managers of the reporting person. Each manager has one vote, and the approval of two of the three managers is required to approve an action of the reporting person. Under the so-called "rule of three," if voting and dispositive decisions regarding an entity's securities are made by two or more individuals, and a voting and dispositive decision requires the approval of a majority of those individuals, then none of the individuals is deemed a beneficial owner of the entity's securities. Therefore, no individual manager of the reporting person exercises voting or dispositive control over any of the securities held by the reporting person, even those in which he directly holds a pecuniary interest. Accordingly, none of them are deemed to have or share beneficial ownership of the reported securities.
Documents
Issuer
Black Spade Acquisition III Co
CIK 0002087087
Entity typeother
IncorporatedCayman Islands
Related Parties
1- filerCIK 0002086595
Filing Metadata
- Form type
- 3
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 9:49 PM ET
- Size
- 6.8 KB