ITHAX Acquisition Corp III (ITHA)

ITHAX Acquisition Corp III is a special purpose acquisition company, or blank-check company, from the sponsor group behind earlier ITHAX SPACs. It was formed to raise capital through an initial public offering and then use the proceeds to complete a merger, share exchange, asset acquisition or similar business combination with one or more operating businesses.

Its Class A ordinary shares trade on the Nasdaq. The company has no operating business, and offering proceeds are held in trust until a business combination is completed or the company is liquidated.