A SPAC III Acquisition Corp. furnishes 2025 PFIC annual statement to Class A holders
On March 30, 2026, A SPAC III Acquisition Corp. made its PFIC annual information statement for fiscal 2025 available to Class A ordinary shareholder holders, attached as Exhibit 99.1. The company believes it may be a passive foreign investment company for 2025, and the statement gives US shareholders the figures needed to consider a QEF election, which each shareholder must make individually. The filing is a routine tax disclosure and does not include financial results.
Key points
- The company believes it may be a PFIC for the taxable year from January 1, 2025 to December 31, 2025.
- Ordinary earnings were $0.000616487 per share per day for January 1 to October 26, 2025 (300 days, 8,055,000 shares), and $0.002124334 per share per day for October 27 to December 31, 2025 (65 days, 2,337,581 shares).
- Net capital gains were reported as none, and no cash or other property was distributed.
- Shareholder redemptions caused significant changes in shares outstanding during 2025, which the company reflected in a time-segmented calculation.
The filing
Written by AI on Nov 9, 2026, 11:44 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 30, 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.