InvestmentJul 2, 2026, 05:07 PM
Osprey Acquisition Corp. III Closes $300.15M IPO
AI Summary
Osprey Acquisition Corp. III announced the closing of its initial public offering, raising gross proceeds of $300,150,000. This includes the full exercise of the underwriters' over-allotment option for 3,915,000 units. The units, priced at $10.00 each, began trading on Nasdaq under the ticker "OSPRU" on July 1, 2026. The company, a blank check company, intends to pursue business combinations with firms deploying disruptive technologies and modernizing energy systems.
Key Highlights
- Osprey Acquisition Corp. III closed its initial public offering of 30,015,000 units.
- The offering included 3,915,000 units from the full exercise of the over-allotment option.
- Gross proceeds from the IPO totaled $300,150,000, priced at $10.00 per unit.
- Units began trading on Nasdaq under “OSPRU” on July 1, 2026.
- Each unit consists of one Class A ordinary share and one-third of one redeemable warrant.
- $300,150,000 was placed in a trust account for public shareholders.
- The company is a blank check company focused on disruptive technologies and next-gen infrastructure.
Price Impact