Three Lions Acquisition Corp. closes $100 million IPO, places $100.5 million in trust
Three Lions Acquisition Corp., a blank check company, closed its initial public offering on September 2, 2026, selling 10,000,000 units at $10.00 each for $100,000,000 in gross proceeds. The company has no operating business, and $100,500,000 from the offering and a concurrent private placement is held in trust, to be released only upon completion of an initial business combination or redemption of public shares. Shareholders should note the company must complete a business combination within 21 months of the offering closing, or extend that deadline with shareholder approval.
Key points
- Sold 10,000,000 units at $10.00 each, for $100,000,000 in gross proceeds, closing September 2, 2026
- $100,500,000 of offering and private placement proceeds placed in the trust account, with Continental as trustee
- Private placement of 400,000 units for $4,000,000 to the sponsor, EarlyBirdCapital and third-party investors on September 2, 2026
- Units trade on Nasdaq as TLACU; EarlyBirdCapital holds a 45-day option for up to 1,500,000 additional units
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 September 04, 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.