BCCQU▲
Bleichroeder Acquisition Corp. III Completes $345 Million IPO
Bleichroeder Acquisition Corp. III has closed its initial public offering, raising $345 million. The offering consisted of 34.5 million units priced at $10 each, including the full exercise of the underwriters' over-allotment option for an additional 4.5 million units. Each unit comprises one Class A ordinary share and one-fourth of a redeemable warrant, with whole warrants exercisable at $11.50 per share. The units began trading on Nasdaq under the ticker BCCQU, and the company placed the full $345 million of proceeds into a trust account. Bleichroeder Acquisition Corp. III is a blank check company focused on North American and European businesses in disruptive growth sectors.