New SPAC: New Providence Acquisition Corp. III (NPACU) Files for $261M IPO

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New SPAC: New Providence Acquisition Corp. III (NPACU) Files for $261M IPO

New Providence Acquisition Corp. III (NASDAQ:NPACU) has filed for a $261 million SPAC to hunt for a consumer target following on the success of the team’s first deal in space. The new SPAC features solidly pro-team terms with 1/3 warrants in its units and 24 months to initially complete a business combination. New Providence III
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