New Beginnings Sponsor III, LLC

2 deals · 0 closed · 0 liquidated · 2 in flight

New Beginnings Sponsor III, LLC is the sponsor entity behind two SPAC transactions on record. Neither deal has resulted in a completed business combination, and neither has been liquidated, indicating that both vehicles remain active. The sequential "III" designation places this entity as the third in a series of related sponsor vehicles operating under the New Beginnings name. Across its current portfolio of two blank-check vehicles, the sponsor has yet to close a de-SPAC merger. For complete filing histories, deal timelines, target search status, and sponsor-level performance data on New Beginnings Sponsor III, LLC, sign up for a free account at SpacDesk.

Hot Seat Score

—Insufficient history

Close rate

—

Median speed

—

Blended redemption

—

Total votes / extensions

0 / 0

Composite score combining historical close rate, median speed to deal close, and blended redemption discipline across all SPACs this sponsor has run. Higher score = institutional reputation worth retaining. Updates as new vote / closing data lands.

Win Rate (settled)

—

Total IPO Capital

$230.0M

Avg Extensions / Deal

0.0

Canonical

new beginnings sponsor

Promote Economics (2 SPACs with data)

Total At-Risk

$10.0M

Total PP Warrants

1,000,000

Principals (5)

Russell W. GalbutChairman of the Board

Michael S. LiebowitzChief Executive Officer

Benjamin GarrettIndependent Director Nominee

A. Del RioIndependent Director Nominee

Perry WeissIndependent Director Nominee

SPACs sponsored

Symbol	Issuer	IPO	IPO Size	Status	Target	Outcome	Extensions
NBAD	New Beginnings Acquisition Corp. III	—	$115.0M	Withdrawn	—	—	0
NBAB	New Beginnings Acquisition Corp. II	—	$115.0M	Withdrawn	—	—	0