DalsnaFinance › IPOs › New Providence Acquisition Corp. III/Cayman IPO
New Providence Acquisition Corp. III/Cayman completed its initial public offering on NASDAQ on April 24, 2025, pricing at $10.00 a share.
| Ticker | NPACU |
|---|---|
| Exchange | NASDAQ |
| Status | Completed |
| Listing date | April 24, 2025 |
| Offering price | $10.00 |
| Shares offered | 26,100,000 |
| Total raised | $261M |
New Providence Acquisition Corp. III/Cayman sold 26,100,000 shares at $10.00 each on NASDAQ. Multiplied out, that is $261 million in gross proceeds, the figure before underwriting discounts and offering expenses, and it agrees with the $261 million total recorded for the deal.
Measured by money raised, New Providence Acquisition Corp. III/Cayman was tied for the 110th largest (level with 4 other deals) of 473 completed IPOs with a recorded deal size that this site tracks since October 5, 2024. The median deal in the same window raised $200 million.
Among the 342 listings on NASDAQ alone, it is tied for the 65th largest (level with 3 other listings).
April 2025 saw 22 completed IPOs in the site's data; by amount raised, New Providence Acquisition Corp. III/Cayman was tied for the 3rd largest (level with 1 other deal) of the 22 deals with a recorded size.
Its $10.00 offer price was tied for the 146th highest (level with 259 other listings) of the 479 listings in the window with a recorded price. A share price on its own says nothing about a company's value; it depends on how many shares exist.
Source: SEC EDGAR filings for New Providence Acquisition Corp. III/Cayman. This page is general information, not investment advice.