Kismet Acquisition Three Corp.
KIIIW
NASDAQ Capital Market0.00
USD
- -
- -
CIK
0001826059
Return %
Stock
S&P500
1Y
-99.88
18.21
3Y
-99.92
64.38
5Y
-99.92
72.43
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Ivan Vladimirovich Tavrin
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 850 Library Avenue Newark DE United States of America 19715
- IPO Date
- Apr 12, 2021
- CIK
- 0001826059
- Website
- kismetcg.com
- Similar Companies
- Business
- Kismet Acquisition Three Corp. (KIIIW) operates as a blank check company, or special purpose acquisition company (SPAC), focused on effecting mergers, share exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations with one or more businesses or entities; it primarily targets internet and technology sector opportunities in Europe, including Russia. The company offers no current operational products or services beyond its SPAC structure, which includes Class A ordinary shares and redeemable warrants expiring June 30, 2026, priced initially at $10.00 per unit comprising one share and one-third warrant. Incorporated in 2020 under Cayman Islands law and headquartered in Newark, Delaware, with leadership from Chairman and CEO Ivan Tavrin, it conducts global operations centered on acquisition targets without specified subsidiaries or parent entities. In a major development, Kismet Acquisition Three Corp. redeemed all outstanding public shares effective February 22, 2023, after failing to complete an initial business combination within the required timeframe under its amended memorandum and articles of association, leading to cessation of operations except for winding up; it also received a Nasdaq Staff Delisting Determination in November 2022 for delayed SEC filings, including the June 30, 2022, Form 10-Q, and chose not to appeal, with trading of warrants (KIIIW) continuing post-redemption. The company raised $287.5 million in its February 2021 IPO, fully underwritten by Credit Suisse, Citigroup, and BofA Securities, placing 100% of proceeds in trust, but no subsequent partnerships, funding rounds, acquisitions, or new offerings occurred prior to liquidation.