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ASPC.O NASDAQ Investment Holding Companies

A SPAC III Acquisition Corp

$10,52
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USD
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Mcap
24,6M USD
P/E
20,1x
EV / Rev
Div yield
Op margin
ROE
5,4 %
Net margin
Debt / equity
-0,85
Beta
52w range
Volume
3
Day range
Prev close
$11,10
Open
Next earnings
2026-10-28
Ex-dividend
TR 1Y
About

A SPAC III Acquisition Corp is a special purpose acquisition company (SPAC) seeking to merge with a target business in the financial services or investment holding sector.

Business. A SPAC III Acquisition Corp (ASPC.O) is an investment holding company listed on the NASDAQ exchange. The firm operates within the Financials sector, specifically classified under Investment Holding Companies. As segment and geographic data are not provided, the company is described at the industry level without specific operational breakdowns. Its primary listing is identified by the ticker ASPC.O.

Classification92 %
SectorFinancials
Business sectorInvestment Holding Companies
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
  • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
See all catalysts →

At a glance

Score
not yet scored
Valuation
20,1x
P/E
Analysts
not yet wired
Ownership
JPMorgan Private Bank (United States)
largest disclosed fund holder
Profitability
5,4 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning ASPC.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials · THIS SECTOR−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to ASPC.O. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Company
    • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    A SPAC III Acquisition Corp (ASPC.O) is an investment holding company listed on the NASDAQ exchange. The firm operates within the Financials sector, specifically classified under Investment Holding Companies. As segment and geographic data are not provided, the company is described at the industry level without specific operational breakdowns. Its primary listing is identified by the ticker ASPC.O.

    Classification92 %
    SectorFinancials
    Business sectorInvestment Holding Companies
    AI synthesis
    GENERATED

    A SPAC III Acquisition Corp has a negative equity position of $148,580,000 and a debt-to-equity ratio of -0.85, indicating a leveraged capital structure with liabilities exceeding equity. The company's market capitalization is $26,952,308.93, and its current ratio of 6.73 suggests it has sufficient current assets to cover current liabilities, though this is offset by a negative net cash position.

    The company reported a net loss of $8,000,000 and an operating loss of the same amount, with a return on equity of 5.38%. These figures are not directly comparable to industry medians due to the company's SPAC structure and lack of active operations.

    The company's revenue is not disclosed, and it does not report segment or geographic revenue breakdowns. As a SPAC, it is not yet engaged in active business operations and is focused on identifying a merger target.

    The company's outlook for the current fiscal year is uncertain, as it has not yet completed a business combination. The next fiscal year's direction is similarly speculative, with no disclosed revenue growth or operational milestones.

    The company's risk profile is marked by a medium liquidity risk and a low dilution risk. The key risk flag is the negative net cash position after subtracting total debt, which could impact its ability to complete a merger or meet obligations.

    Recent filings and transcripts have not disclosed any material events or strategic updates, as the company remains in the pre-merger phase.

    Key takeaways
    • A SPAC III Acquisition Corp is a pre-merger SPAC with a negative equity position and a leveraged capital structure.
    • The company's financial performance is not indicative of operational success, as it is not yet engaged in active business operations.
    • The company's liquidity position is medium risk, with a current ratio of 6.73 but a negative net cash position.
    • The company's risk profile is low for dilution but medium for liquidity, with no disclosed revenue or segment data.
    • The company's outlook is speculative, with no disclosed revenue growth or operational milestones for the current or next fiscal year.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation FY

    Market price
    $10,52
    Market cap
    $27.0M
    Enterprise value
    $27.1M
    P/E
    20.1x
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    -$148.6k
    Net cash
    -$125.7k
    Current ratio
    6.7
    Debt / equity
    -0.8
    ROA
    ROE
    5.4%
    Cash conversion
    0.0%
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    ROE5,4 %Above median
    D/E-0,85Best in class
    Cash Conv0,00Below median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Market Cap
      market_price * shares_outstanding_diluted
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Return On Equity
      net_income / total_equity
    • Enterprise Value
      market_cap - net_cash
    Source documents
    • A SPAC III Acquisition Corp Market data — financials · 2026-05-27

    Ownership & reference

    Top holders

    • JPMorgan Private Bank (United States)Investment Managers · as of 2026-03-310,00 %$0M
    • Geode Capital Management, L.L.C.Investment Managers · as of 2026-03-310,00 %$0M
    • UBS Financial Services, Inc.Investment Managers · as of 2026-03-310,00 %$0M
    • Morgan Stanley Smith Barney LLCInvestment Managers · as of 2026-03-310,00 %$0M

    Insider activity

    — missing data

    Short positioning

    16.7Kshares short+11.0% vs prior
    3.48days to cover
    69.9%short of daily vol
    14.7Kfails-to-deliver
    as of 2026-07-15 · short-interest report (free)

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    ASPC.OCanonical
    NASDAQ · USD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    • Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): -89.1%Derived (calculated)
    • Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 3.6%Derived (calculated)
    • Return on equity (FY 2025-12-31): 320.2%Derived (calculated)
    • Return on assets (FY 2025-12-31): 34.1%Derived (calculated)
    • Current ratio (FY 2025-12-31): 1.78xDerived (calculated)
    • Debt-to-equity (FY 2025-12-31): 1.28xDerived (calculated)
    • Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): -45.5%Derived (calculated)
    • Net income (YoY) (2025-12-31 vs 2024-12-31): 693.7%Derived (calculated)
    • Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): 4.8%Derived (calculated)
    • Operating income (YoY) (2025-12-31 vs 2024-12-31): -40.9%Derived (calculated)
    • Total assets (YoY) (2025-12-31 vs 2024-12-31): -93.7%Derived (calculated)
    • Total liabilities (annual): USD 535.96KSEC XBRL filing
    • Current assets (annual): USD 955.72KSEC XBRL filing
    • Shareholders' equity (annual): USD 419.76KSEC XBRL filing
    • Operating income (annual): USD -827.3KSEC XBRL filing
    • Pre-tax income (annual): USD 1.34MSEC XBRL filing
    • Current liabilities (annual): USD 535.96KSEC XBRL filing
    • Cash & equivalents (annual): USD 871.35KSEC XBRL filing
    • Net income (annual): USD 1.34MSEC XBRL filing
    • Operating cash flow (annual): USD -451.32KSEC XBRL filing
    • Total assets (annual): USD 3.94MSEC XBRL filing
    • Net income (YoY) (2024-12-31 vs 2023-12-31): -8,442.8%Derived (calculated)
    • Shareholders' equity (YoY) (2024-12-31 vs 2023-12-31): 2,848.3%Derived (calculated)
    • Total liabilities (YoY) (2024-12-31 vs 2023-12-31): 268.0%Derived (calculated)
    Showing 24 of 49 surfaced claims.
    Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.

    The Thread

    Everything we know, in order
    2026-10-28EVENTUpcomingQ3 2026 earnings (expected) estimated date
    2026-05-27FILINGCURENT REPORT →
    2026-05-08FILINGQUARTERLY REPORT →
    2026-03-30FILINGCURRENT REPORT →
    2026-03-04FILINGANNUAL REPORT →
    2026-01-23FILINGFORM 8-K →
    2025-11-10FILINGQUARTERLY REPORT →
    2025-10-27FILINGCURRENT REPORT →
    2025-10-10FILINGPROXY STATEMENT →
    2025-08-13FILINGQUARTERLY REPORT →
    2025-05-27FILINGCURRENT REPORT →
    2025-05-09FILINGQUARTERLY REPORT →
    2025-03-05FILINGANNUAL REPORT →
    2024-11-19 00:00 UTCINSIDER10 insider transactions — 2024-11 6 derivative
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage