New Providence Acquisition III LLC

1 deals · 0 closed · 0 liquidated · 1 in flight

New Providence Acquisition III LLC is the sponsor entity behind a blank-check company in the financial services and technology sector that completed its initial public offering in 2021, during the peak of the SPAC market cycle. The vehicle carries one deal on record with no completed business combinations and no liquidations to date, reflecting an active or transitional status within its deal timeline. New Providence has operated as a repeat SPAC issuer across multiple vehicles, positioning this third iteration within an established blank-check franchise. For complete filing history, deal status updates, warrant data, and sponsor analytics, sign up for full access 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

$200.0M

Avg Extensions / Deal

0.0

Canonical

new providence acquisition

Promote Economics (1 SPAC with data)

Total At-Risk

$8.0M

Total PP Warrants

5,333,333

Principals (6)

Alexander ColemanChairman

Gary P. SmithChief Executive Officer and Director

James BradleyChief Financial Officer

Jerry GregoireDirector Nominee

Satjiv ChahilDirector Nominee

Nick GrazianoDirector Nominee

SPACs sponsored

Symbol	Issuer	IPO	IPO Size	Status	Target	Outcome	Extensions
NPAC	New Providence Acquisition Corp. III	—	$200.0M	Withdrawn	—	—	0