Core Viewpoint - New Providence Acquisition Corp. III will allow holders of its initial public offering units to separately trade Class A ordinary shares and warrants starting June 16, 2025 [1] Group 1: Company Overview - New Providence Acquisition Corp. III is a special purpose acquisition company (SPAC) incorporated in the Cayman Islands, aiming to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses [2] - The company primarily seeks to acquire and operate a business in the consumer industry but is open to opportunities in any business or industry at any stage of corporate evolution [2] Group 2: Trading Information - Starting June 16, 2025, holders of the units sold in the initial public offering can elect to separately trade the Class A ordinary shares and warrants [1] - The separated Class A ordinary shares and warrants will trade on the Nasdaq Global Market under the symbols "NPAC" and "NPACW," respectively, while units that are not separated will continue to trade under the symbol "NPACU" [1]

Group 1 - The Company, New Providence Acquisition Corp. III, closed its initial public offering (IPO) of 30,015,000 units, including 3,915,000 units from the underwriters' over-allotment option, resulting in gross proceeds of $300,150,000 [1][3] - The units began trading on April 24, 2025, on Nasdaq under the ticker symbol "NPACU," with each unit consisting of one Class A ordinary share and one-third of a redeemable warrant [2] - The Company is a blank check company formed to effect a merger or similar business combination, primarily seeking opportunities in the consumer industry but open to any business or industry [4] Group 2 - The management team includes Co-CEOs Gary Smith and Alexander Coleman, along with CFO Leo Valentine, and other board members [5] - A registration statement for the securities was declared effective by the SEC on April 23, 2024 [6]

Company Overview - New Providence Acquisition Corp. III is a blank check company formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses [2] - The company aims to acquire and operate a business primarily in the consumer industry but is open to opportunities in any business or industry at any stage of corporate evolution [2] Initial Public Offering (IPO) Details - The company announced the pricing of its initial public offering of 26,100,000 units, which are expected to be listed on Nasdaq under the ticker symbol "NPACU" starting April 24, 2025 [1] - Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, with each whole warrant allowing the holder to purchase one Class A ordinary share at a price of $11.50 per share [1] - An amount equal to $10.05 per unit will be deposited into a trust account upon the closing of the offering, which is expected to close on April 25, 2024, subject to customary closing conditions [1] - The underwriters have been granted a 45-day option to purchase up to an additional 3,915,000 units at the initial public offering price to cover over-allotments [1] Management Team - The management team is led by Co-Chief Executive Officers Gary Smith and Alexander Coleman, along with Chief Financial Officer Leo Valentine [3] - The Board of Directors includes Rick Mazer, Daniel Ginsberg, Timothy Gannon, and Greg Stevens [3] Offering Process - The offering is being made only by means of a prospectus, which can be obtained from Cantor Fitzgerald & Co. [4] - A registration statement relating to the securities has been filed with the U.S. Securities and Exchange Commission (SEC) and became effective on April 23, 2025 [5]