Osprey Acquisition III completed a $300.15 million SPAC IPO at $10.00 per unit, with underwriters exercising the full over-allotment, and executed a suite of agreements customary for a SPAC listing. Proceeds, including $7.47 million from concurrent private placements with the sponsor and Cantor Fitzgerald, were deposited into a trust account governed by an investment management trust agreement. The company also entered into a warrant agreement defining $11.50 exercise price terms, registration rights for certain holders, and governance covenants via a letter agreement. Additional administrative services and indemnity agreements support operations and corporate governance during the search for a business combination.
Agreement 1: Osprey Acquisition III Prices $300.15 Million SPAC IPO Underwritten by Cantor Fitzgerald
- Agreement type: Underwriting Agreement for SPAC IPO
- Counterparty: Cantor Fitzgerald, as representative of the underwriters
- Signed / Effective: Jun 30 2026 / Jun 30 2026
- Reason: Complete SPAC IPO and raise capital
Agreement 2: Osprey Acquisition III Establishes Trust Agreement to Hold $300.15 Million of IPO Proceeds
- Agreement type: Investment Management Trust Agreement
- Counterparty: Continental Stock Transfer & Trust
- Signed / Effective: Jun 30 2026 / Jun 30 2026
- Duration / Termination: Until business combination or liquidation
- Reason: Safeguard proceeds pending business combination
Agreement 3: Osprey Acquisition III Executes Warrant Agreement for IPO and Private Placement Warrants
- Agreement type: Warrant Agreement
- Counterparty: Continental Stock Transfer & Trust
- Signed / Effective: Jun 30 2026 / Jun 30 2026
- Duration / Termination: Per warrant terms
- Reason: Define terms for public and private warrants
Agreement 4: Osprey Acquisition III Sets Registration Rights for Certain Security Holders
- Agreement type: Registration Rights Agreement
- Counterparty: Certain Security Holders
- Signed / Effective: Jun 30 2026 / Jun 30 2026
- Duration / Termination: Per agreement terms
- Reason: Provide liquidity pathway for key holders
Agreement 5: Osprey Acquisition III Enters Letter Agreement With Officers, Directors and Key Holders
- Agreement type: Letter Agreement (governance and lock-up covenants)
- Counterparty: Officers, Directors and Certain Security Holders
- Signed / Effective: Jun 30 2026 / Jun 30 2026
- Duration / Termination: Per agreement terms
- Reason: Align stakeholders and support de-SPAC process
Agreement 6: Osprey Acquisition III Raises $4.86 Million via Private Placement With Sponsor
- Agreement type: Private Placement Units Purchase Agreement
- Counterparty: Osprey Acquisition Sponsor III
- Signed / Effective: Jun 30 2026 / Jun 30 2026
- Reason: Provide additional capital and align sponsor interests
Agreement 7: Osprey Acquisition III Raises $2.61 Million via Private Placement With Cantor Fitzgerald
- Agreement type: Private Placement Units Purchase Agreement
- Counterparty: Cantor Fitzgerald
- Signed / Effective: Jun 30 2026 / Jun 30 2026
- Reason: Supplement trust funding and compensate underwriter
Agreement 8: Osprey Acquisition III Executes Indemnity Agreements With Directors and Officers
- Agreement type: Indemnity Agreements
- Counterparty: Directors and Executive Officers
- Signed / Effective: Jun 30 2026 / Jun 30 2026
- Duration / Termination: At will
- Reason: Protect leadership and facilitate governance
Agreement 9: Osprey Acquisition III Signs Administrative Services Agreement With Hepco Capital Management
- Agreement type: Administrative Services Agreement
- Counterparty: Hepco Capital Management
- Signed / Effective: Jun 30 2026 / Jun 30 2026
- Duration / Termination: At will
- Reason: Obtain administrative support for SPAC operations
Agreement 10: Osprey Acquisition III Signs Administrative Services Agreement With Sponsor
- Agreement type: Administrative Services Agreement
- Counterparty: Osprey Acquisition Sponsor III
- Signed / Effective: Jun 30 2026 / Jun 30 2026
- Duration / Termination: At will
- Reason: Support operations during de-SPAC search period
Original SEC Filing:
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