New Providence Acquisition Corp. III/Cayman (Ticker: NPACU US) is a Cayman Islands incorporated blank check company seeking to acquire and operate a business, primarily focusing on the consumer industry, although targets in other sectors may be considered. New Providence Acquisition Corp. III priced its IPO and was expected to list on NASDAQ on April 24, 2025. The company offered 26.1 million units at $10.00 each, raising $261.0 million. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant. According to its prospectus, the company intends to use the IPO proceeds for a future business combination. The company has a reported market capitalization of $269.53 million. The SPAC is led by co-CEOs Alexander Coleman and Gary Smith, who previously led NPA I and NPA II. Cantor acted as the manager for the offering.