Helix Acquisition(HLXC)
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Helix Acquisition Corp. III Announces Closing of $172.5 Million Initial Public Offering, Including the Full Exercise of the Underwriter's Option to Purchase Additional Shares
Globenewswire· 2026-01-27 12:30
Company Overview - Helix Acquisition Corp. III is a special purpose acquisition company (SPAC) formed to effect mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more businesses [3] - The company intends to focus on opportunities in healthcare or healthcare-related industries [3] - The company is sponsored by Helix Holdings III LLC, an affiliate of Cormorant Asset Management, and is led by Bihua Chen as CEO and Chairperson, and Caleb Tripp as CFO and COO [3] Initial Public Offering (IPO) - On January 26, 2026, the company closed its initial public offering of 17,250,000 Class A ordinary shares, including 2,250,000 shares from the underwriters' over-allotment option [2] - The offering was priced at $10.00 per share, resulting in gross proceeds of $172,500,000 before deducting underwriting discounts and commissions [2][4] - The Class A ordinary shares began trading on The Nasdaq Global Market under the ticker symbol "HLXC" on January 23, 2026 [4] Private Placement - Concurrently with the IPO, the company completed a private placement of 497,500 Class A ordinary shares at a price of $10.00 per share, generating gross proceeds of $4,975,000 [4] - A total of $172,500,000 from the IPO and private placement was placed in trust [6] Regulatory and Compliance - A registration statement relating to these securities was declared effective by the SEC on January 22, 2026 [7] - An audited balance sheet reflecting the receipt of proceeds from the IPO and private placement will be included in a Current Report on Form 8-K to be filed with the SEC [6]
Biotech investor Cormorant secures $150M for another SPAC deal
Yahoo Finance· 2026-01-26 09:43
Group 1 - The article discusses the resurgence of SPACs (Special Purpose Acquisition Companies) in 2025 after a decline in popularity due to disappointing returns and increased federal oversight [4][5] - New SPAC issuances more than doubled from 2024 to 2025, indicating a positive trend in the market, driven by experienced SPAC sponsors returning [5] - Cormorant Asset Management has launched Helix Acquisition Corp. III, raising $150 million through an IPO, with plans to focus on healthcare or healthcare-related industries [8] Group 2 - Helix Acquisition Corp. III sold 15 million shares at $10 each, exceeding its initial projection by 2.5 million shares, and began trading on Nasdaq under the ticker "HLXC" [8] - Cormorant Asset Management manages over $2.4 billion and has previously taken three SPACs public since 2022, successfully finding merger partners for its earlier SPACs [8] - The current market environment presents unique opportunities for SPACs, as many drug startups have remained private longer, creating a backlog of mature companies ready for public markets [7][8]
Helix Acquisition Corp. III Announces Pricing of Upsized $150 Million Initial Public Offering
Globenewswire· 2026-01-23 12:30
Company Overview - Helix Acquisition Corp. III has priced its upsized initial public offering (IPO) of 15,000,000 Class A ordinary shares at $10.00 per share, with trading on The Nasdaq Global Market under the ticker symbol "HLXC" starting today [2] - The company is a special purpose acquisition company (SPAC) formed to pursue mergers, share exchanges, asset acquisitions, or similar business combinations, primarily focusing on healthcare or healthcare-related industries [3] Financial Details - The offering is expected to be completed on January 26, 2026, and the underwriters have been granted a 45-day option to purchase an additional 2,250,000 Class A ordinary shares at the IPO price to cover overallotments [2][4] - The registration statement for these securities became effective on January 22, 2026 [6] Management Team - The company is sponsored by Helix Holdings III LLC, an affiliate of Cormorant Asset Management, and is led by Bihua Chen as Chief Executive Officer and Chairperson, with Caleb Tripp serving as Chief Financial Officer and Chief Operating Officer [3]
快讯丨SPAC热潮涌动:昨晚1家上市 2家递交申请 另有5家将于今晚上市
Sou Hu Cai Jing· 2026-01-23 07:11
Group 1 - In 2025, 145 SPACs listed on the US stock market, accounting for 39.08% of the total new listings that year, indicating a strong momentum that may continue into this year [1] - Recently, two new stocks, BITGO HOLDINGS (BTGO) and Aldabra 4 Liquidity Opportunity Vehicle (ALOVU), were listed on the US stock market, with three additional SPACs, Spring Valley Acquisition IV (SVIVU) and Starlink AI Acquisition (OTAIU), submitting listing applications [1] - Aldabra 4 Liquidity Opportunity Vehicle, a special purpose acquisition company (SPAC), was initiated by Chairman Nathan Leight and aims to target companies valued between $500 million and $2 billion without limiting the industry or region [4] Group 2 - On January 22, Aldabra 4 Liquidity Opportunity Vehicle listed on NASDAQ at a price of $10 per share, issuing 26.1 million shares and raising $261 million [2] - Spring Valley Acquisition IV and Starlink AI Acquisition submitted their prospectuses to the SEC, seeking to raise $200 million and $60 million, respectively [5] - Spring Valley Acquisition IV focuses on energy, targeting the "power infrastructure" and "decarbonization" ecosystems, while Starlink AI Acquisition aims at blockchain, cryptocurrency, artificial intelligence, and fintech/energy tech sectors [6] Group 3 - Five SPACs are set to list tonight, including Legato Merger IV (LEGOU), Praetorian Acquisition (PTORU), Xsolla SPAC 1 (XSLLU), Helix Acquisition Corp. III (HLXC), and Archimedes Tech SPAC Partners III (ARCIU), raising funds of $200 million, $220 million, $250 million, $125 million, and $200 million, respectively [6] - Legato Merger IV, initiated by Director Gregory Monahan, plans to target the industrial and AI sectors [7] - Praetorian Acquisition, led by Director Justin Di Rezze, focuses on AI and automation, while Xsolla SPAC 1, chaired by Aleksandr Agapitov, emphasizes video games, fintech, ad tech, and telecommunications [7]
Helix Acquisition(HLXC) - Prospectus(update)
2026-01-16 22:27
As filed with the Securities and Exchange Commission on January 16, 2026. Registration No. 333-291993 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________ AMENDMENT NO.1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ______________________________ HELIX ACQUISITION CORP. III (Exact name of registrant as specified in its charter) ______________________________ | Cayman Islands | 6770 | N/A | | --- | --- | --- | | (State or other jurisdict ...
Helix Acquisition(HLXC) - Prospectus
2025-12-06 01:08
As filed with the Securities and Exchange Commission on December 5, 2025. Registration No. 333-[•] UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ______________________________ HELIX ACQUISITION CORP. III (Exact name of registrant as specified in its charter) ______________________________ | Cayman Islands 6770 N/A | | | | --- | --- | --- | | (State or other jurisdiction of (I.R.S. Employer | | (Primary Standard Indust ...