Northern Star Investment Corp. III
NSTC-WT
New York Stock Exchange0.01
USD
+0.01
- -
CIK
0001835817
Return %
Stock
S&P500
1Y
-95.56
18.21
3Y
-95.56
63.29
5Y
-95.56
74.90
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
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- CIK
- 0001835817
- Similar Companies
- Business
- Northern Star Investment Corp. III (NSTC-WT) operates as a blank check company whose warrants entitle holders to acquire shares of Class A common stock at an exercise price of $11.50 per share following a potential business combination; it conducts no significant independent operations and instead pursues mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar transactions with one or more businesses, with a focus on direct-to-consumer brands and digitally-disruptive e-commerce opportunities. Incorporated in 2020 and headquartered at c/o Graubard Miller, The Chrysler Building, 405 Lexington Avenue, New York, New York, the company completed an upsized initial public offering in March 2021, raising $400 million through 40 million units at $10 each, each comprising one Class A common share and one-sixth of a redeemable warrant. Leadership includes Chairperson and CEO Joanna Coles, formerly Editor-in-Chief of Cosmopolitan and Chief Content Officer at Hearst Magazines, alongside President and COO Jonathan Ledecky, a SPAC veteran and co-owner of the New York Islanders. In September 2023, the NYSE commenced delisting proceedings for its Class A common stock (NSTC) and units (NSTC.U) due to failure to maintain a minimum $40 million average aggregate global market capitalization over 30 trading days, resulting in suspension and transfer to over-the-counter trading; warrants (NSTC-WT) had been delisted earlier in November 2022. As of late 2025, no business combination has materialized despite the passage of the typical 24-to-36-month SPAC timeline, leaving the entity in a dormant state with shares trading nominally on OTC markets at minimal valuations around $0.08 per share and no reported redemptions, liquidations, or extensions consummated.