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Black Spade Acquisition BIII Deferred Offering Paid By Sponsor In Exchange For Issuance Of Ordinary Shares

Deferred Offering Paid By Sponsor In Exchange For Issuance Of Ordinary Shares at other companies

ORI
Origin Investment Corp I Ordinary SharesORIQ
$25K
Republic Digital Acquisition Company Class A Ordinary Shares logo
Republic Digital Acquisition Company Class A Ordinary SharesRDAG
$25K
FCR
FutureCrest Acquisition FCRS
$25K
CCI
Churchill Capital Corp IXCCIX
$0-100%
ALO
Aldabra 4 Liquidity Opportunity Vehicle ALOV
$25K
KBO
Karbon Capital Partners Corp. Class A Ordinary SharesKBON
$11.22K

Other financials

Income statement

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Operating income-$329.9K
Net income$1.1M
EPS (diluted)$0.05

Balance sheet

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Cash & equivalents$725.5K
Total equity-$6.2M
Total assets$174.8M

Cash flow

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Operating cash flow-$379.8K

Valuation

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Market cap$228.85M+0.2%

Returns & leverage

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Current ratio3.6×

Where this comes from

Reported directly by Black Spade Acquisition in its filing.

Tagged under the XBRL concept biii:DeferredOfferingPaidBySponsorInExchangeForIssuanceOfOrdinaryShares.

The official record: Black Spade Acquisition ’s 10-K, filed March 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Black Spade Acquisition 's deferred offering paid by sponsor in exchange for issuance of ordinary shares?
Black Spade Acquisition (BIII) reported deferred offering paid by sponsor in exchange for issuance of ordinary shares of $25K in Q4 2025.
What does deferred offering paid by sponsor in exchange for issuance of ordinary shares mean?
Reflects offering costs paid directly by the sponsor, which are subsequently settled through the issuance of ordinary shares or equity instruments. This non-cash transaction highlights the sponsor's commitment to funding the SPAC's initial costs without depleting the entity's liquid assets. It provides transparency into the equity-based financing arrangements between the sponsor and the SPAC.