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Black Spade Acquisition III Co issues up to $200,000 unsecured promissory note to sponsor

BIIIBlack Spade Acquisition III Co

On October 30, 2026, Black Spade Acquisition III Co issued an unsecured promissory note to Black Spade Sponsor LLC III for up to $200,000. The proceeds will fund costs and expenses related to the company's proposed business combination. The note bears no interest and matures on March 31, 2027, or upon consummation of the business combination, whichever occurs first. Black Spade Acquisition III Co is a blank check company focused on effecting a merger, capital stock exchange, asset acquisition, or similar business combination.

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