ITHAX Acquisition Corp III

ITHAX Acquisition Corp III is a special purpose acquisition company (SPAC), incorporated in the Cayman Islands and headquartered in Miami, Florida. Formed in 2025 by Orestes Fintiklis, founder of Ithaca Capital Partners, who serves as CEO, CFO, and Chairman, it raised $200 million through an initial public offering of 20 million units at $10 each in December 2025, with proceeds placed in a trust account. The primary purpose is to effect a merger, share exchange, asset acquisition, or similar business combination with one or more target companies, focusing on those with enterprise values exceeding $500 million. It targets sectors including asset management, leisure, hospitality, catering, travel, entertainment, gaming, lifestyle, and related services, emphasizing businesses driven by next-generation technologies such as AI, robotics, digital assets, and fintech. Geographically, the primary focus is the United States, with secondary emphasis on Europe, Asia, and Latin America. Each unit comprises one Class A ordinary share and one-half of a redeemable warrant, exercisable for one share at a specified price. As a blank check company, its role in the financial markets facilitates a pathway for private firms in these innovative sectors to access public capital markets.

Sector

Financial Services

Industry

Shell Companies

CEO

Mr. Orestes Fintiklis

Headquarters

Miami, FL, United States

Website

ithaxacquisition.com