Osprey Acquisition Corp. III 8-K

What Happened

• Osprey Acquisition Corp. III (OSPR) announced on July 2, 2026 that it consummated its initial public offering (IPO) of 30,015,000 units at $10.00 per unit, including full exercise of the underwriters’ 3,915,000-unit over-allotment option, generating $300,150,000 in gross IPO proceeds.
• Simultaneously, the company completed a private placement of 747,000 units at $10.00 per unit, raising $7,470,000. Each Unit consists of one Class A ordinary share and one‑third of one redeemable warrant; each whole warrant is exercisable to buy one Class A share at $11.50 (subject to adjustment). An audited balance sheet as of July 2, 2026 reflecting these receipts is included as Exhibit 99.1 to the filing.

Key Details

• IPO units sold: 30,015,000 units at $10.00 each (including full 3,915,000-unit over-allotment).
• Private placement: 747,000 units at $10.00 each, raising $7,470,000; purchasers were Cantor Fitzgerald & Co. (261,000 Units) and the sponsor Osprey Acquisition Sponsor III, LLC (486,000 Units).
• Funds placed in trust: $300,150,000 of net proceeds (which includes $12,789,000 of the underwriters’ deferred discount) deposited in a trust account for the benefit of public shareholders; Continental Stock Transfer & Trust Company is trustee.
• Warrant terms: each whole warrant exercisable at $11.50 per share, as described in the company’s Form S-1.

Why It Matters

• The company has completed its SPAC IPO and related private placement and has deposited trust funds for public shareholders, a key step before pursuing a business combination.
• The presence of an audited balance sheet and the specified trust deposit provide verifiable information about the cash backing the public shares and the structure of investor protections typical for SPACs.
• Investors should note the outstanding warrants and sponsor/placement unit holdings, which affect potential future dilution and voting dynamics (factual terms and amounts are disclosed above).