New Providence Acquisition Corp. III/Cayman
Business
New Providence Acquisition Corp. III is a blank-check company formed to effect a business combination with one or more operating businesses. The company completed an IPO and has entered into a business combination agreement with Abra to acquire its cryptocurrency and financial services platform. The company targets consumer-sector businesses and intends to leverage its management team's operational expertise and industry relationships to identify, acquire, and build value in target companies.
Summary from 10-K filed 2026-03-31
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 |
|---|---|---|
| General and administrative costs | 669,420 | |
| Loss from operations | −669,420 | |
| Interest earned on marketable securities held in Trust Account | 8 | |
| Other income | 8 | |
| Net income (loss) | 8 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2024 2024-11-30 |
|---|---|---|---|---|
| Cash | 701,592 | — | — | |
| Prepaid insurance | 52,445 | — | — | |
| Prepaid expenses | 56,083 | 23,784 | — | |
| Total current assets | 810,120 | 23,784 | — | |
| Deferred offering costs | — | 53,708 | — | |
| Marketable securities held in Trust Account | 310 | — | — | |
| Total Assets | 311 | 77,492 | — | |
| Accounts payable and accrued expenses | 20,684 | — | — | |
| Accrued offering costs | 75,000 | — | — | |
| Total current liabilities | 95,684 | 71,022 | — | |
| Deferred Underwriting Fee payable | 13 | — | — | |
| Total Liabilities | 13 | 71,022 | — | |
| Commitments and Contingencies (Note 6) | — | — | — | |
| Preferred shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding | — | — | — | |
| Additional paid-in capital | — | 24,250 | — | |
| Accumulated deficit | −12 | −18,530 | — | |
| Total Shareholders (Deficit) Equity | −12 | 6,470 | — | |
| Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption, and Shareholders (Deficit) Equity | 311 | 77,492 | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 |
|---|---|---|
| Formation costs paid by Sponsor in exchange for issuance of Class B Ordinary Shares | — | |
| Prepaid expenses | −35,433 | |
| Prepaid insurance | −52,445 | |
| Accounts payable and accrued expenses | 20,684 | |
| Due to related party | −3,002 | |
| Net cash used in operating activities | −739,616 | |
| Investment of cash in Trust Account | −302 | |
| Net cash used in investing activities | −302 | |
| Proceeds from sale of Public Units, net of underwriting discounts paid | 295 | |
| Proceeds from sale of Private Placement Units | 9 | |
| Due from Sponsor | −366,125 | |
| Repayment of due from Sponsor | 366,125 | |
| Proceeds from IPO Promissory Note - related party | 217,025 | |
| Repayment of IPO Promissory Note - related party | −285,045 | |
| Payment of offering costs | −490,772 | |
| Net cash provided by financing activities | 303 | |
| Net Change in Cash | 701,592 | |
| Offering costs paid by Sponsor in exchange for issuance of Class B Ordinary Shares | — | |
| Prepaid expenses paid by Sponsor in exchange for issuance of Class B Ordinary Shares | — | |
| Accretion of Class A Ordinary Shares to redemption value | 30 | |
| Offering costs included in accrued offering costs | 75,000 | |
| Deferred Underwriting Fee payable | 13 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is New Providence Acquisition Corp. III/Cayman's CIK number?
New Providence Acquisition Corp. III/Cayman's SEC CIK number is 0002048948 (2048948). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find New Providence Acquisition Corp. III/Cayman's SEC filings?
All of New Providence Acquisition Corp. III/Cayman's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.