By Kelly Cloonan
Colombier Acquisition III has filed for an initial public offering.
The special-purpose acquisition company said it will sell 26 million units at $10 apiece, according to a filing with the Securities and Exchange Commission on Friday.
The company has also granted underwriters a 45-day option to purchase up to an additional 3.9 million units to cover over-allotments. Roth Capital Partners is listed as the offering's underwriter.
The company additionally said that a sponsor has committed to purchase 150,000 private placement units at $10 per unit for an aggregate price of $1.5 million. The private placement is expected to close simultaneously with the closing of the IPO.
The company said it will receive gross proceeds of about $261.5 million from the offering, or about $300.5 million if the over-allotment option is exercised. Both figures include proceeds from the private placement.
The company intends to apply to have its units, Class A ordinary shares and warrants listed on the New York Stock Exchange under the symbols CLBR U, CLBR and CLBR WS, respectively.
The company intends to acquire businesses in industries including finance, entertainment, software, information services, telecommunications, industrial manufacturing and social media.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
October 17, 2025 16:41 ET (20:41 GMT)
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