Bleichroeder Acquisition Corp. III

Bleichroeder Acquisition Corp. III announced the closing of its initial public offering (IPO), raising gross proceeds of $345,000,000. The offering included the full exercise of the underwriters' over-allotment option for 4,500,000 units, bringing the total to 34,500,000 units sold at $10.00 each. Concurrently, the company completed a private placement of 8,500,000 warrants to its Sponsor and Underwriters, and deposited $345,000,000 into a trust account. Additionally, Clemence Rasigni and Christopher Kellen were appointed to the Board of Directors.