BIII · Black Spade Acquisition III Co · Shareholders & Ownership
$10.08
+0.00 (+0.00%)
At close · Oct 20
Return incl. dividend (before tax)
Going-concern doubt
— flagged Aug 11, 2026
Substantial doubt about the company's ability to continue as a going concern.
“This condition raises substantial doubt about the Company's ability to continue as a going concern for a period of time within one year after the date that the unaudited condensed financial statements are issued. There is no assurance that the Company's plans to raise additional capital (to the extent ultimately necessary) will be successful. The unaudited condensed financial statements do not include any adjustments that might result from the outcome of this uncertainty.”View the 10-Q filed Aug 11, 2026
Market Cap
$231.84M
Shares
23.00M
Volume · Oct 20
42.91K
Avg daily vol (3M)
201.63K
Every disclosed holder of BIII in one list: 13F institutions, Schedule 13D and 13G filers, insiders (Forms 3, 4 and 5) and registered funds, each from its own latest filing. Holders nest by CIK and SEC reporting links, never by name, and each is summed once.
Who Owns BIII
13F quarter Jun 30, 2026| Holder group | Shares | % Out |
|---|---|---|
| Institutional (13F) | 13,809,103 | 60.04% |
| Insiders (Forms 3, 4, 5) | 0 | 0.00% |
| 13D/G-only blocks | 6,545,000 | 28.46% |
| Remaining | 2,645,897 | 11.50% |
| Registered funds (N-PORT, not summed) | 449,999 | 1.96% |
Shares outstanding: 23,000,000, the issuer's latest cover-page count restated onto today's split basis.
Insiders are listed but not summed: the issuer has more than one class of common stock and Forms 3, 4 and 5 report one issuer-wide balance across them.
13D/G-only counts each filer's latest 13D or 13G that no 13F report of the listing contains, that names no 13F filer and that no counted insider files. Funds are never summed: their shares sit inside their advisers' 13F reports.
Holders of BIII
| # | Holder | Shares | As of | Notes |
|---|---|---|---|---|
| 1 |
|
5,120,000 | ||
| 2 |
RP Investment Advisors LP
13G
CIK 1767393 · Exempt reporting adviser · Feb 4, 2026
Rule 13d-1(c), passive investor
|
1,425,000 | ||
| 3 |
ARISTEIA CAPITAL, L.L.C.
13F
CIK 1080171 · Registered investment adviser · Jun 30, 2026
|
1,100,000 | ||
| 4 |
TENOR CAPITAL MANAGEMENT Co., L.P.
13F
CIK 1346554 · Registered investment adviser · Jun 30, 2026
|
1,000,000 | ||
| 5 |
Magnetar Financial LLC
13F
CIK 1352851 · Registered investment adviser · Jun 30, 2026
|
999,993 | ||
| 6 |
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND
13F
CIK 1535845 · Non-US institution · Jun 30, 2026
|
825,000 | ||
| 7 |
AQR Arbitrage LLC
13F
CIK 1167456 · Registered investment adviser · Jun 30, 2026
|
760,440 | ||
| 8 |
MILLENNIUM MANAGEMENT LLC
13F
CIK 1273087 · Registered investment adviser · Jun 30, 2026
|
750,000 | ||
| 9 |
Fort Baker Capital Management LP
13F
CIK 1688382 · Registered investment adviser · Jun 30, 2026
|
700,000 | ||
| 10 |
SONA ASSET MANAGEMENT (US) LLC
13F
CIK 1856405 · Registered investment adviser · Jun 30, 2026
|
600,000 | ||
| 11 |
Wealthspring Capital LLC
13F
CIK 1844495 · Registered investment adviser · Jun 30, 2026
|
551,820 | ||
| 12 |
GLAZER CAPITAL, LLC
13F
CIK 1076809 · Registered investment adviser · Jun 30, 2026
|
500,024 | ||
| 13 |
Alberta Investment Management Corp
13F
CIK 1463559 · Non-US institution · Jun 30, 2026
|
500,000 | ||
| 14 |
BNP PARIBAS ARBITRAGE, SA
13F
CIK 1166588 · Non-US institution · Jun 30, 2026
|
439,560 | ||
| 15 |
Periscope Capital Inc.
13F
CIK 1695320 · Exempt reporting adviser · Jun 30, 2026
|
418,800 | ||
| 16 |
PICTON MAHONEY ASSET MANAGEMENT
13F
CIK 1539041 · Non-US institution · Jun 30, 2026
|
375,000 | ||
| 17 |
Radcliffe Capital Management, L.P.
13F
CIK 1218275 · Registered investment adviser · Jun 30, 2026
|
369,263 | ||
| 18 |
First Trust Capital Management L.P.
13F
CIK 1604488 · Registered investment adviser · Jun 30, 2026
|
350,000 | ||
| 19 |
First Trust Merger Arbitrage Fund
Fund
S000048195 · Registered fund · Jun 30, 2026
INVESTMENT MANAGERS SERIES TRUST II, not summed
|
303,196 | ||
| 20 |
Shaolin Capital Management LLC
13F
CIK 1766806 · Registered investment adviser · Jun 30, 2026
|
282,712 | ||
| 21 |
WHITEBOX ADVISORS LLC
13F
CIK 1257391 · Registered investment adviser · Jun 30, 2026
|
276,200 | ||
| 22 |
BERKLEY W R CORP
13F
CIK 11544 · Insurance company · Jun 30, 2026
|
273,849 | ||
| 23 |
Linden Advisors LP
13F
CIK 1279396 · Registered investment adviser · Jun 30, 2026
|
250,000 | ||
| 24 |
MMCAP International Inc. SPC
13F
CIK 1304857 · Unknown · Jun 30, 2026
|
250,000 | ||
| 25 |
Hudson Bay Capital Management LP
13F
CIK 1393825 · Registered investment adviser · Jun 30, 2026
|
225,000 | ||
| 26 |
Mint Tower Capital Management B.V.
13F
CIK 1666606 · Unknown · Jun 30, 2026
|
225,000 | ||
| 27 |
TWO SIGMA INVESTMENTS, LP
13F
CIK 1179392 · Registered investment adviser · Jun 30, 2026
|
201,517 | ||
| 28 |
Context Capital Management, LLC
13F
CIK 1301396 · Registered investment adviser · Jun 30, 2026
|
200,601 | ||
| 29 |
MOORE CAPITAL MANAGEMENT, LP
13F
CIK 1448574 · Registered investment adviser · Jun 30, 2026
|
200,000 | ||
| 30 |
Clear Street Group Inc.
13F
CIK 1881567 · Unknown · Jun 30, 2026
|
177,851 | ||
| 31 |
Bulldog Investors, LLP
13F
CIK 1504304 · Registered investment adviser · Jun 30, 2026
|
149,997 | ||
| 32 |
CSS LLC/IL
13F
CIK 1103646 · Unknown · Jun 30, 2026
|
109,803 | ||
| 33 |
StoneX Group Inc.
13F
CIK 913760 · Unknown · Jun 30, 2026
|
104,740 | ||
| 34 |
WOLVERINE ASSET MANAGEMENT LLC
13F
CIK 1279891 · Registered investment adviser · Jun 30, 2026
|
102,808 | ||
| 35 |
Verition Fund Management LLC
13F
CIK 1454027 · Registered investment adviser · Jun 30, 2026
|
100,000 | ||
| 36 |
Special Opportunities Fund, Inc.
Fund
· Registered fund · Jun 30, 2026
Special Opportunities Fund, Inc., not summed
|
99,999 | ||
| 37 |
Virtu Financial LLC
13F
CIK 1533964 · Unknown · Jun 30, 2026
|
79,606 | ||
| 38 |
RIVERNORTH CAPITAL MANAGEMENT, LLC
13F
CIK 1447578 · Registered investment adviser · Jun 30, 2026
|
78,114 | ||
| 39 |
Schonfeld Strategic Advisors LLC
13F
CIK 1665241 · Registered investment adviser · Jun 30, 2026
|
77,535 | ||
| 40 |
BOOTHBAY FUND MANAGEMENT, LLC
13F
CIK 1549230 · Registered investment adviser · Jun 30, 2026
|
50,000 | ||
| 41 |
Centiva Capital, LP
13F
CIK 1692507 · Registered investment adviser · Jun 30, 2026
|
50,000 | ||
| 42 |
Parallax Volatility Advisers, L.P.
13F
CIK 1521001 · Registered investment adviser · Jun 30, 2026
|
49,999 | ||
| 43 |
First Trust Multi-Strategy Fund
Fund
S000055376 · Registered fund · Jun 30, 2026
INVESTMENT MANAGERS SERIES TRUST II, not summed
|
46,804 | ||
| 44 |
Arax Advisory Partners
13F
CIK 1586767 · Registered investment adviser · Jun 30, 2026
|
40,995 | ||
| 45 |
MANGROVE PARTNERS IM, LLC
13F
CIK 1535392 · Registered investment adviser · Jun 30, 2026
|
12,876 |
Shares are restated onto today's split basis. Change compares each row with the same holder's previous filing in the same source; a dash means there is none to compare. Nested 13D/G, insider and fund rows are not summed, since a 13F report already holds them.