Capitol Acquisition Corp. III

Capitol Acquisition Corp. III (CLAC) is a blank-check company that completed its initial public offering in 2016, sponsored by Capitol Acquisition Management 3, LLC, an affiliate led by chairman Mark Ein. The vehicle targeted opportunities in the technology, media, and telecommunications sectors. An 8-K filed in March 2017 disclosed the company's announced business combination with Cision Ltd., a global provider of earned media management software and public relations technology services. The filing moved CLAC from an active-search phase into pending-deal status, marking a notable intersection of SPAC capital with the media technology industry. Sign up at SpacDesk for complete filing data, deal timelines, and sponsor profiles on CLAC and hundreds of other SPACs.