A SPAC III Acquisition Corp. (ASPCU) has amended its charter to extend the deadline for completing a business combination by twenty-four months. The company filed an -K on October 20, 2026, announcing that its shareholders approved the amendment at an extraordinary general meeting held on October 19, 2026.
Under the original terms of the company's amended and restated memorandum and articles of association, the deadline to consummate an initial business combination was November 12, 2026. The approved amendment extends this date to November 12, 2028. The amended charter, which is effective as of October 20, 2026, allows the company up to 48 months from its initial public offering to complete a transaction.
The amendment was approved by shareholders at the EGM. As of the record date of September 22, 2026, there were 2,337,581 ordinary shares outstanding and entitled to vote. At the meeting, 2,146,309 ordinary shares were voted, representing 91.82% of the outstanding shares and constituting a quorum. The vote results were as follows:
- Proposal No. 1 — The Charter Amendment Proposal: 2,139,817 FOR, 6,491 AGAINST, 1 ABSTAIN, 0 BROKER NON-VOTE.
In addition to the vote on the amendment, an aggregate of 8,093 ordinary shares were tendered for redemption in connection with the meeting.
