ITHAX Acquisition III posts FY 2025 net loss of USD 56,044 on USD 296,082 trust interest income

ITHAX Acquisition Corp. III Class A +0.05% Post

ITHAX Acquisition Corp. III Class A

ITHA

9.90

9.90

+0.05%

0.00% Post
  • ITHAX Acquisition published its annual report (Form 10-K) and reported a net loss of USD 56,044.
  • Formation, general and administrative costs were USD 133,876, while compensation expense was USD 218,250.
  • Interest income on cash and marketable securities held in the trust account was USD 296,082.
  • Following the IPO and private placement, USD 230.0 million was initially placed in the trust account, and trust account marketable securities totaled USD 230.3 million as of Dec. 31, 2025.
  • Management said it has not generated revenue and does not expect operating revenue until after completing a business combination.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ITHAX Acquisition Corp. III published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-033907), on March 24, 2026, and is solely responsible for the information contained therein.

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