Armada Acquisition Corp. III (AACIU) Prices $225M IPO
Armada Acquisition Corp. III (NASDAQ:AACIU) announced the pricing of its $225 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “AACIU”, Wednesday, February 18, 2026.
The new SPAC plans to search for a target company in the fintech, SaaS or AI industries.
Armada Acquisition Corp. III’s sponsor team is led by Chief Executive Officer and Chairman Stephen P. Herbert alongside President, Chief Financial Officer and Secretary Douglas M. Lurio. Mohammad A. Khan, Thomas A. Decker and Celso L. White will serve on its Board of Directors.
Total SPAC deal count for 2026 year-to-date is now 42. This offering is expected to close on Thursday, February 19, 2026.
Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC, is acting as lead book-runner, and Northland Capital Markets is acting as joint book-runner for the offering. DLA Piper LLP is serving as Issuer’s Counsel with Loeb & Loeb LLP serving as Underwriter’s Counsel. CBIZ CPAs, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
