Black Spade Acquisition III Co (Nasdaq: BIII; warrants: BIII-WT) is a blank-check company sponsored by Black Spade Capital Limited, the Hong Kong-based investment firm behind the broader Black Spade SPAC franchise. The vehicle, which completed its IPO in 2024, is targeting acquisition opportunities in the technology, media, and entertainment sectors, with a stated emphasis on businesses operating across Asia and global growth markets. The company filed its most recent Form 10-Q with the SEC on February 19, 2026, reflecting its continued search for a definitive business combination target. Black Spade Capital previously sponsored Black Spade Acquisition Co, which completed a merger with Vietnamese electric-vehicle manufacturer VinFast in 2023. Sign up for SpacDesk to access full filing history, deal timelines, and sponsor analytics for BIII and the entire SPAC universe.