Armada Acquisition Corp. III to allow separate trading of shares and warrants March 27
Armada Acquisition Corp. III, a blank-check SPAC, said holders of its 24,850,000 units may separate them into Class A ordinary shares and warrants beginning March 27, 2026. The separated shares and warrants will trade on Nasdaq under AACI and AACIW, while unseparated units continue as AACIU; this is an administrative change that does not alter the company's terms or the warrant exercise price.
Key points
- Units may be separated into shares and warrants starting March 27, 2026
- Separated shares trade as AACI and warrants as AACIW on Nasdaq; unseparated units remain AACIU
- Each whole warrant entitles the holder to buy one share for $11.50; no fractional warrants will be issued
- Initial public offering gross proceeds were $248,500,000 at $10.00 per unit
The filing
Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 16, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.