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Black Spade Acquisition III Co (BIII)

Financial Services | Shell Companies | Central, Hong Kong | NYSE
10.06 USD -0.03 (-0.297%) ⇩ (Oct. 15, 2026, 2:10 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take ↕ | Oct. 10, 2026, 6:20 a.m. EDT

The security is a shell company with no operating business, resulting in a negative book value and zero historical dividends, which eliminates any income or fundamental safety margin. While the recent price action shows tight consolidation near the IPO level and the statistical model indicates a high-confidence, albeit tiny, upward drift, these are artifacts of a newly listed instrument rather than signs of a thriving enterprise. Without a merger catalyst or operational revenue stream, the asset offers no long-term investment thesis beyond speculative timing of a deal, warranting a neutral stance on both time horizons.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.005399
MSTL0.005750
AutoARIMA0.005851
AutoETS0.005856

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 78%
H-stat 860.31
Ljung-Box p 0.000
Jarque-Bera p 0.074
Excess Kurtosis -1.67
Attribute Value
Sector Financial Services
Market Cap 231,380,016
Website https://www.bsaiii.com

Info Dump

Attribute Value
52 Week Change 0.011022091
Address1 The Centrium
Address2 Suite 2902, 29/F 60 Wyndham Street
All Time High 10.24
All Time Low 9.83
Ask 10.15
Ask Size 2,300
Average Daily Volume10 Day 75,210
Average Daily Volume3 Month 132,742
Average Volume 132,742
Average Volume10Days 75,210
Bid 10.04
Bid Size 1,200
Book Value -0.301
City Central
Country Hong Kong
Crypto Tradeable 0
Currency USD
Current Price 10.06
Current Ratio 0.88
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 10.1
Day Low 10.06
Display Name Black Spade Acquisition III
Dividend Yield 0.0
Ebitda Margins 0.0
Enterprise Value 230,741,072
Esg Populated 0
Exchange NYQ
Exchange Data Delayed By 20
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 10.0374
Fifty Day Average Change 0.022600174
Fifty Day Average Change Percent 0.0022515964
Fifty Two Week Change Percent 1.1022091
Fifty Two Week High 10.24
Fifty Two Week High Change -0.17999935
Fifty Two Week High Change Percent -0.017578062
Fifty Two Week Low 9.83
Fifty Two Week Low Change 0.2300005
Fifty Two Week Low Change Percent 0.023397813
Fifty Two Week Range 9.83 - 10.24
Financial Currency USD
First Trade Date Milliseconds 1,769,697,000,000
Float Shares 15,324,900
Full Exchange Name NYSE
Fullday Change -0.029999733
Fullday Change Percent -0.29732144
Fullday Price 10.06
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.0
Held Percent Institutions 0.88723
Implied Shares Outstanding 23,000,000
Industry Shell Companies
Industry Disp Shell Companies
Industry Key shell-companies
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Black Spade Acquisition III Co focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or assets. The company was incorporated in 2025 and is based in Central, Hong Kong.
Market us_market
Market Cap 231,380,016
Market State POST
Max Age 86,400
Message Board Id finmb_1962603727
Most Recent Quarter 1,782,777,600
Net Income To Common -259,131
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 231,150,000
Open 10.061
Operating Cashflow 12,774
Operating Margins 0.0
Phone 852 3955 1316
Previous Close 10.09
Price Hint 2
Price To Book -33.42193
Profit Margins 0.0
Quick Ratio 0.88
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.0299997
Regular Market Change Percent -0.297321
Regular Market Day High 10.1
Regular Market Day Low 10.06
Regular Market Day Range 10.06 - 10.1
Regular Market Open 10.061
Regular Market Previous Close 10.09
Regular Market Price 10.06
Regular Market Time 1,792,087,821
Regular Market Volume 2,660
Sand P52 Week Change 0.16440773
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 17,250,000
Shares Percent Shares Out 0.0
Shares Short 248
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 10,318
Short Name Black Spade Acquisition III Co
Short Percent Of Float 0.0
Short Ratio 0.0
Source Interval 15
Symbol BIII
Total Cash 638,930
Total Cash Per Share 0.028
Total Debt 0
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 9.949609
Two Hundred Day Average Change 0.11039162
Two Hundred Day Average Change Percent 0.011095071
Type Disp Equity
Volume 2,660
Website https://www.bsaiii.com