A SPAC III shareholders approve 24-month extension to November 2028

A SPAC III Acquisition Corp. shareholders approved a charter amendment on October 19, 2026, extending the deadline to consummate an initial business combination by 24 months to November 12, 2028. The company filed its Form 8-K with the U.S. Securities and Exchange Commission on October 20, 2026, detailing the outcome of its extraordinary general meeting.

The amendment, effective October 20, 2026, grants the company up to 48 months from its initial public offering to complete a transaction. The Amended and Restated Memorandum and Articles of Association was filed with the Registrar of Corporate Affairs in the British Virgin Islands shortly after the vote. The company is incorporated in the British Virgin Islands and maintains its principal executive offices in Hong Kong.

At the extraordinary general meeting held at 10:00 a.m. Eastern Time on October 19, shareholders voted on the Charter Amendment Proposal. As of the September 22, 2026 record date, 2,337,581 ordinary shares were outstanding and entitled to vote. A total of 2,146,309 ordinary shares were voted by proxy or in person, representing 91.82% of outstanding shares and establishing a quorum.

The proposal received substantial support, with 2,139,817 votes in favor. Only 6,491 votes were cast against the measure, with one abstention and no broker non-votes. The voting results reflect the shareholder approval required to amend the company's memorandum and articles of association.

In connection with the meeting, an aggregate of 8,093 ordinary shares were tendered for redemption. The company’s securities trade on The Nasdaq Stock Market LLC under the symbols ASPC for Class A ordinary shares and ASPCU for units. Each unit consists of one Class A ordinary share with no par value and one right to receive one-tenth of one Class A ordinary share.

Claudius Tsang, Chief Executive Officer of A SPAC III Acquisition Corp., signed the current report on October 20, 2026. The company is classified as an emerging growth company but has not elected to use the extended transition period for complying with new or revised financial accounting standards.

The definitive proxy statement for the vote was filed with the Securities and Exchange Commission on September 28, 2026, and mailed to shareholders around the same date. A copy of the Amended Charter is included as Exhibit 3.1 to the Form 8-K filing.