ITHAX Acquisition Corp III Announces Closing of $230 Million Initial Public Offering

NEW YORK, Dec. 15, 2025 (GLOBE NEWSWIRE) -- ITHAX Acquisition Corp III (the “Company”), a newly incorporated blank check company, today announced the closing of its initial public offering of 23,000,000 units at a price of 10.00perunit,including3,000,000unitsissuedpursuanttothefullexercisebytheunderwriterofitsoverallotmentoption.Theofferingwaspricedat10.00 per unit, including 3,000,000 units issued pursuant to the full exercise by the underwriter of its over-allotment option. The offering was priced at 10.00 per unit, resulting in gross proceeds of $230,000,000. The Company’s units commenced trading on the Nasdaq Global Market (“Nas ...