Three Lions Acquisition Corp. reports $100.5 million placed in trust after $100 million IPO
Three Lions Acquisition Corp., a blank-check company, filed an audited September 2, 2026 balance sheet reflecting the closing of its initial public offering of 10,000,000 units at $10.00 per unit. The company placed $100,500,000 in a trust account for public shareholders, and the balance sheet shows $1,236,590 in cash outside the trust.
Key points
- IPO of 10,000,000 units at $10.00 per unit closed September 2, 2026, generating $100,000,000 in gross proceeds
- Private placement of 400,000 units at $10.00 per unit generated $4,000,000 in gross proceeds
- $100,500,000 ($10.05 per unit) was deposited in the trust account; the company has 21 months from the IPO closing to complete a business combination
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 10, 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.