- CEO
- Alexander Coleman
- Full Time Employees
- 3
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 401 S County Road #2588 Palm Beach FL United States of America 33480
- IPO Date
- Apr 24, 2025
- Business
- New Providence Acquisition Corp. III (NPAC) operates as a blank check company, or special purpose acquisition company (SPAC), focused on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, primarily targeting companies in the broader consumer market with enterprise values exceeding $700 million; it holds approximately $301.7 million in trust proceeds from its initial public offering completed in April 2025. The company, incorporated in 2021 and headquartered in Palm Beach, Florida, offers no current products or services beyond its SPAC structure, instead providing a vehicle for investors to gain exposure to a future consumer-sector target through its Class A ordinary shares and warrants trading on Nasdaq under the symbols NPAC and NPACW. Led by co-CEOs Alex Coleman and Gary Smith, with Leo Valentine as CFO, the management team leverages over a decade of collective experience in consumer investing, operations, and M&A; as of late 2025, no merger or acquisition has been announced, with recent SEC filings including Schedule 13G disclosures in August 2025 reflecting ongoing shareholder ownership updates but no major strategic shifts, partnerships, funding rounds, or operational changes within the past year.