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A SPAC III Acquisition Corp. (ASPC)

USD10.85 +0.28 (+2.65%)
HK NASDAQ Financial Services Shell Companies
Address The Sun’s Group Center KY1-1104
Wan Chai, HK
CEO Sze Wai Tsang
Website a-spac.com
IPO 2025-01-03
CIK 1890361 ISIN VGG0544A1030

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Also trades on NASDAQ Capital Market · ASPC (USD) NASDAQ Capital Market · ASPCR (USD) NASDAQ Capital Market · ASPCU (USD) NASDAQ Capital Market · ASPCW (USD)
Description

A SPAC III Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. A SPAC III Acquisition Corp. was incorporated in 2021 and is based in Wan Chai, Hong Kong.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD10.85 +0.28 (+2.65%)
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Volume Profile
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Liquidity & share structure
Average Volume
10.6K
Beta
-0.10
Float Shares
2.05M
Free Float %
87.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.81% +3.09% -5.90% -7.87% +3.38% -53.01% +8.37% +10.65% +10.65% +10.65% +10.65%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

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By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (1 ratings, all time) Hold
Quality scores
Altman Z-Score
25.71
Safe zone
Piotroski F-Score
3 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
1 / 5
Low
P/E Score
4 / 5
High
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Shell Companies: +20.6%
  • EPS growth Shell Companies: -12.3%
    Q1'26: -217.0% (vs Q1'25)
  • FCF margin FCF growth · Shell Companies: +8.7%
  • EBIT margin Shell Companies: +0.0%
  • ROIC Shell Companies: +0.0%
    Q1'26: +0.0% (vs Q1'25)
  • Share dilution Shell Companies: -10.2%
    Q1'26: -96.5% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Shell Companies: 0.00×
    0.00× Q1'26: 0.00× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-28 B 3/5 1/5 5/5 5/5 1/5 4/5 1/5
2026-05-27 B 3/5 1/5 5/5 5/5 1/5 4/5 1/5
2026-05-26 B 3/5 1/5 5/5 5/5 1/5 4/5 1/5
2026-05-22 B 3/5 1/5 5/5 5/5 1/5 4/5 1/5
2026-05-21 B 3/5 1/5 5/5 5/5 1/5 4/5 1/5
2026-05-20 B 3/5 1/5 5/5 5/5 1/5 4/5 1/5
2026-05-19 B 3/5 1/5 5/5 5/5 1/5 4/5 1/5
2026-05-18 B 3/5 1/5 5/5 5/5 1/5 4/5 1/5
2026-05-15 B 3/5 1/5 5/5 5/5 1/5 4/5 1/5
2026-05-14 B 3/5 1/5 5/5 5/5 1/5 4/5 1/5
2026-05-13 B 3/5 1/5 5/5 5/5 1/5 4/5 1/5
2026-05-12 B 3/5 1/5 5/5 5/5 1/5 4/5 1/5
2026-05-11 B 3/5 1/5 5/5 5/5 1/5 4/5 1/5
2026-05-08 B- 2/5 1/5 5/5 5/5 1/5 1/5 1/5
2026-05-07 B- 2/5 1/5 5/5 5/5 1/5 1/5 1/5
2026-05-06 B- 2/5 1/5 5/5 5/5 1/5 1/5 1/5
2026-05-05 B- 2/5 1/5 5/5 5/5 1/5 1/5 1/5
2026-05-04 B- 2/5 1/5 5/5 5/5 1/5 1/5 1/5
2026-05-01 B- 2/5 1/5 5/5 5/5 1/5 1/5 1/5
2026-04-30 B- 2/5 1/5 5/5 5/5 1/5 1/5 1/5
2026-04-29 B- 2/5 1/5 5/5 5/5 1/5 1/5 1/5
2026-04-28 B- 2/5 1/5 5/5 5/5 1/5 1/5 1/5
2026-04-27 B- 2/5 1/5 5/5 5/5 1/5 1/5 1/5
2026-04-24 B- 2/5 1/5 5/5 5/5 1/5 1/5 1/5
2026-04-23 B- 2/5 1/5 5/5 5/5 1/5 1/5 1/5
2026-04-22 B- 2/5 1/5 5/5 5/5 1/5 1/5 1/5
2026-04-21 B- 2/5 1/5 5/5 5/5 1/5 1/5 1/5
2026-04-20 B- 2/5 1/5 5/5 5/5 1/5 1/5 1/5
2026-04-17 B- 2/5 1/5 5/5 5/5 1/5 1/5 1/5
2026-04-16 B- 2/5 1/5 5/5 5/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history)

Owner's Earnings history not available.

Owner alignment
Owner's Earnings TTM
OE per share TTM
Owner's Yield
Maintenance CapEx ratio
Maint CapEx / Avg PPE

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
4
Total invested
309.3K
Insider transactions (90d)
0
Beneficial owners (>5%)
12
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 Alpha Capital Sponsor LLC 5.75M 20.00% 5.75M 5.75M PN Cayman Islands 2022-01-31
2 Sculptor Capital Holding Corp. 1.27M 5.53% 1.27M 1.27M CO Delaware 2022-02-14
3 Sculptor Capital LP 1.27M 5.53% 1.27M 1.27M IA Delaware 2022-02-14
4 Sculptor Capital Management, Inc. 1.27M 5.53% 1.27M 1.27M CO Delaware 2022-02-14
5 GOLDMAN SACHS & CO. LLC 1.25M 5.40% 1.25M 1.25M BD, IA, OO Delaware 2022-01-27
6 THE GOLDMAN SACHS GROUP, INC. 1.25M 5.40% 1.25M 1.25M HC, CO Delaware 2022-01-27
7 Sculptor Master Fund, Ltd. 1.08M 4.70% 1.08M 1.08M CO Delaware 2022-02-14
8 Sculptor Special Funding, LP 1.08M 4.70% 1.08M 1.08M CO Delaware 2022-02-14
9 Absolute Return Strategies, LP 389.1K 5.00% 389.1K 389.1K PN States 2024-11-14
10 Fund Management, LLC 389.1K 5.00% 389.1K 389.1K OO Delaware 2024-11-14
11 Glass 389.1K 5.00% 389.1K 389.1K HC States 2024-11-14
12 Sculptor Enhanced Master Fund, Ltd. 190.8K 0.83% 190.8K 190.8K CO Delaware 2022-02-14

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
4
+0 vs prev Q
New positions
2
Closed positions
2
Increased
3
Reduced
1
Put/Call ratio
0.00
Calls held
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 GEODE CAPITAL MANAGEMENT, LLC 16.1K +16.1K (+100.0%) 377.1K +377.1K (+100.0%) 0.27% +0.268 pp 0.00% +0.000 pp USD23.43 +0.0% 1 qtrs NEW
2 MORGAN STANLEY 34.00 +— (+0.0%) 796.00 +444.0 (+126.1%) 0.00% +0.000 pp 0.00% +0.000 pp USD10.18 +130.2% 4 qtrs
3 25.00 +25.0 (+100.0%) 586.00 +586.0 (+100.0%) 0.00% +0.000 pp 0.00% +0.000 pp USD23.40 +0.1% 1 qtrs NEW
4 TOWER RESEARCH CAPITAL LLC (TRC) 14.00 +14.0 (+100.0%) 328.00 +328.0 (+100.0%) 0.00% +0.000 pp 0.00% +0.000 pp USD23.43 +0.0% 1 qtrs NEW
5 CLEAR STREET GROUP INC. -11.3K (-100.0%) -116.7K (-100.0%) 0.00% -0.140 pp 0.00% 0.000 pp USD 2 qtrs SOLD
6 GABELLI & CO INVESTMENT ADVISERS, INC. -103.2K (-100.0%) -1.1M (-100.0%) 0.00% -1.281 pp 0.00% -0.171 pp USD 4 qtrs SOLD
7 GABELLI FUNDS LLC -71.8K (-100.0%) -742.4K (-100.0%) 0.00% -0.891 pp 0.00% -0.005 pp USD 3 qtrs SOLD
8 GOLDMAN SACHS GROUP INC -63.2K (-100.0%) -653.9K (-100.0%) 0.00% -0.785 pp 0.00% 0.000 pp USD 4 qtrs SOLD
9 HEIGHTS CAPITAL MANAGEMENT, INC -60.0K (-100.0%) -621.0K (-100.0%) 0.00% -0.745 pp 0.00% -0.170 pp USD 3 qtrs SOLD
10 HRT FINANCIAL LP -38.9K (-100.0%) -402.0K (-100.0%) 0.00% -0.483 pp 0.00% -0.002 pp USD 3 qtrs SOLD
11 HUDSON BAY CAPITAL MANAGEMENT LP -200.0K (-100.0%) -2.1M (-100.0%) 0.00% -2.483 pp 0.00% -0.007 pp USD 4 qtrs SOLD
12 ADAR1 CAPITAL MANAGEMENT, LLC -215.0K (-100.0%) -2.2M (-100.0%) 0.00% -2.669 pp 0.00% -0.209 pp USD 4 qtrs SOLD
13 MIZUHO SECURITIES USA LLC -580.0K (-100.0%) -5.9M (-100.0%) 0.00% -7.201 pp 0.00% -0.120 pp USD 3 qtrs SOLD
14 POLAR ASSET MANAGEMENT PARTNERS INC. -340.0K (-100.0%) -3.5M (-100.0%) 0.00% -4.221 pp 0.00% -0.039 pp USD 4 qtrs SOLD
15 QUARRY LP -150.0K (-100.0%) -1.6M (-100.0%) 0.00% -1.862 pp 0.00% -0.340 pp USD 4 qtrs SOLD
16 RADCLIFFE CAPITAL MANAGEMENT, L.P. -32.9K (-100.0%) -339.9K (-100.0%) 0.00% -0.408 pp 0.00% -0.021 pp USD 3 qtrs SOLD
17 RIVERNORTH CAPITAL MANAGEMENT, LLC -539.7K (-100.0%) -5.6M (-100.0%) 0.00% -6.701 pp 0.00% -0.318 pp USD 2 qtrs SOLD
18 WARBERG ASSET MANAGEMENT LLC -20.0K (-100.0%) -206.8K (-100.0%) 0.00% -0.248 pp 0.00% -0.033 pp USD 4 qtrs SOLD
19 WESTCHESTER CAPITAL MANAGEMENT, LLC -200.0K (-100.0%) -2.1M (-100.0%) 0.00% -2.483 pp 0.00% -0.095 pp USD 4 qtrs SOLD
20 WOLVERINE ASSET MANAGEMENT LLC -578.0K (-100.0%) -6.0M (-100.0%) 0.00% -7.176 pp 0.00% -0.044 pp USD 4 qtrs SOLD
21 MINT TOWER CAPITAL MANAGEMENT B.V. -175.0K (-100.0%) -1.8M (-100.0%) 0.00% -2.173 pp 0.00% -0.214 pp USD 4 qtrs SOLD
22 AQR ARBITRAGE LLC -181.2K (-100.0%) -1.9M (-100.0%) 0.00% -2.250 pp 0.00% -0.048 pp USD 4 qtrs SOLD
23 BERKLEY W R CORP -615.1K (-100.0%) -6.4M (-100.0%) 0.00% -7.637 pp 0.00% -0.367 pp USD 4 qtrs SOLD
24 BOOTHBAY FUND MANAGEMENT, LLC -389.1K (-100.0%) -4.0M (-100.0%) 0.00% -4.831 pp 0.00% -0.059 pp USD 4 qtrs SOLD
Ownership breakdown by holder

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2022-08-03 Alpha Capital Sponsor LLC Director C-Conversion D Class B ordinary shares 5,750,000 0.00 0
2021-02-24 Steinhauser Rafael Director / Officer 0 0.00 0
2021-02-24 Oxenford Alec Director / Officer 0 0.00 0
2021-02-24 Lorie David Director 0 0.00 0
2021-02-24 Lebowits Ariel Director 0 0.00 0
2021-02-24 Lakhani Rahim Officer 0 0.00 0
2021-02-24 Genish Amos Director 0 0.00 0
2021-02-24 Capote Alfredo Officer 0 0.00 0
2021-02-24 Alpha Capital Sponsor LLC 10% Owner D Class B ordinary shares 5,000,000 0.00 0

Executive team

Top executives
Shares Outstanding
2.34M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)
Filing date Form type Filing
2025-10-10 DEF 14A
2025-09-29 PRE 14A

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-27 8-K
2026-05-08 10-Q
2026-03-30 8-K
2026-03-04 10-K
2026-02-12 SC 13G/A
2026-02-12 SC 13G/A
2026-02-11 SC 13G/A
2026-02-06 SC 13G/A
2026-01-23 8-K
2025-11-14 SC 13G/A

Executive team

NameTitleCompensationGender
Sze Wai Tsang Chief Executive Officer, Chief Financial Officer & Chairman male
ESG Rating
B+
SHELL COMPANIES
Rank: 146 out of 750
2026
E (Environmental)
71.8 / 63.7
Company / Sector avg.
S (Social)
82.6 / 62.9
Company / Sector avg.
G (Governance)
70.5 / 62.8
Company / Sector avg.
ESG Total
75.0 / 63.2
Company / Sector avg.
ESG Score History SHELL COMPANIES
Benchmark vs Sector
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend history

Earnings reports

Stock splits