Osprey Acquisition Corp. III closes $300.15 million IPO as a blank check company
Osprey Acquisition Corp. III, a blank check company, completed its initial public offering on July 2, 2026, selling 30,015,000 units at $10.00 each for gross proceeds of $300,150,000, including full exercise of the over-allotment option. The full $300,150,000 was placed in a trust account for public shareholders, and funds will generally not be released until a business combination, or redemption if none is completed within 24 months.
Key points
- IPO of 30,015,000 units at $10.00 per unit, gross proceeds of $300,150,000, closed July 2, 2026
- Private placement of 747,000 units to Cantor and the sponsor for gross proceeds of $7,470,000
- Trust account funded with $300,150,000; funds generally held until a business combination or 24-month deadline
- Board expanded to include Daniel C. Herz, Jonathan Z. Cohen and others; Jeffrey F. Brotman resigned from the board
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 July 07, 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.