ITHAX Acquisition Corp. III has announced the closing of its initial public offering, raising $230 million through the sale of 23,000,000 units at $10.00 per unit. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant allowing the purchase of one Class A ordinary share at $11.50 per share. The units began trading on the Nasdaq Global Market under the ticker symbol "ITHAU," and the company expects the Class A ordinary shares and redeemable warrants to be listed under the symbols "ITHA" and "ITHAW," respectively. Cantor Fitzgerald & Co. served as the sole book-running manager for the offering.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ITHAX Acquisition Corp. III published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9601954-en) on December 15, 2025, and is solely responsible for the information contained therein.