Black Spade Acquisition III Co, trading on Nasdaq under the ticker BIII, is a blank-check company sponsored by Black Spade Capital Limited, the Hong Kong-based investment firm behind the Black Spade SPAC franchise. The vehicle, which completed its IPO in 2024, is focused on identifying a merger target in the technology, media, and entertainment sectors, with particular interest in businesses operating across Asia and global growth markets. As of its 10-Q filing dated February 19, 2026, BIII remains in the target-search phase, continuing the sponsor's established track record of pursuing high-profile de-SPAC transactions. Sign up for a SpacDesk account to access full filing history, deal timelines, and real-time data on BIII and hundreds of other active SPACs.