A SPAC III Acquisition Corp.
closed
ASPC
Capital Structure & Economics
Trust Size$55,000,000
Unit Price$10.00
Warrant Coverage-
Sponsor Promote20%
Implied Equity Architecture
Capital Allocation Baseline
Trust (100.0%)
Implied Dilution Drag
No Warrants / No Drag| Public Trust Allocation | $55,000,000 |
| Sponsor At-Risk Capital | N/A |
| Total Underwriting Discount | N/A |
| Trust Per Unit (Implied) | $10.00 |
| Sponsor Promote Allocation | 20% |
Deal Lifecycle
IPO PricedOct 1, 2024
Target AnnouncedMay 23, 2025
Maturation Wall
Nov 12, 2026
Announced Target / M&A
- Target CompanyBioserica International Limited
- SectorBio-based antimicrobial materials
- Announced Deal Size$217,860,000
- Announcement Date2025-05-23
Board & Officers
- CEO
- Officer
- Director
- Wong Yi Dung EdenDirector
- Pang Wai Yuen MarvinDirector
Advanced Structuring Terms
| Target Sectors | Bio-based antimicrobial materials |
Syndicate & Advisors
- LEAD
Interactive Deal Modeling
Base financial constraints (Trust Size, Warrants, Promote) are pre-loaded into the calculation engines. Proceed to model implied dilution and advisory friction limits.