ITHAX Acquisition Corp III

Final ITHAX Acquisition Corp III IPO Guide for Investors

Hey there! If you’re thinking about investing in the ITHAX Acquisition Corp III IPO, here’s the lowdown in plain English. No jargon, just the stuff you actually care about:

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1. What does this company actually do?

ITHAX III isn’t a regular company—it’s a “blank check company” (aka a SPAC). Think of it like a group of investors pooling money to go shopping for a private business to take public. They haven’t picked a target yet, but they’re hunting for a company in industries like tech, healthcare, or renewable energy (they’re keeping it broad for now).

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2. How do they make money? Are they growing?

Right now, they don’t make money. SPACs like ITHAX III raise cash through the IPO, then use that money to buy a private company (like merging with it). Their success depends entirely on finding a good deal. If they succeed, the merged company becomes publicly traded, and early investors could profit if the stock rises. If they fail? More on that below.

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3. What will they do with the IPO money?

The cash raised goes into a savings account (a trust) while they search for a company to buy. They’ve got about 2 years to find a target. If they don’t, they shut down and give your money back (minus fees). If they do find one, you can either stay invested or get your cash back before the merger.

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4. What are the main risks?

• You might not get all your money back. Even if they fail to find a deal, you could get less than $10 per share due to taxes or drops in the trust account’s value.
• They might pick a dud. If the company they buy performs poorly, your investment could drop.
• Legal gray areas. If the SPAC goes bankrupt after returning your money, courts could claw back funds to pay creditors. If they go bankrupt before paying you, creditors get first dibs on the trust account.
• Founders get a sweet deal. The SPAC’s sponsors own 20% of the company for cheap, which could dilute your shares later.
• You’re betting on strangers. You won’t know what company you’re investing in until later.

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5. How do they compare to competitors?

Other SPACs you might’ve heard of include Churchill Capital (merged with Lucid Motors) or Social Capital (Chamath Palihapitiya’s SPACs). ITHAX III says their edge is their team and focus on “sustainable industries,” but that’s pretty vague. The company didn’t provide specific examples of past successes or a clear strategy in their filing.

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6. Who’s running the company?

The team is led by ITHAX Partners, a group with experience in finance and mergers. The company didn’t share detailed bios or specific past deals for their leadership in the filing, so you’ll want to research the team’s background yourself before investing.

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7. Where will it trade and under what symbol?

Expected to list on the NASDAQ under the symbol “ITHAX” (double-check this before investing—symbols can change last-minute!).

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8. How many shares? What price?

They’re offering shares at $10 each (typical SPAC pricing). The exact number of shares and total funds raised will be in the final prospectus—look there for specifics.

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Should You Invest?

SPACs are speculative. You’re betting on a team to find a great company, but it’s like buying a mystery box—you won’t know what’s inside until later. A few things to consider:

• The company provided limited details about their leadership’s track record and target industries.
• If you’re uncomfortable with risks like dilution, uncertainty, or losing fees, this might not be for you.
• Always talk to a financial advisor if you’re unsure!

Got questions? Drop them below! 😊