Osprey Acquisition Corp. III Files Audited Balance Sheet After $300M IPO, Discloses $300M in Trust
OSPRU is trading near its 52-week low of $10.02 (0.8% above the low).
Summary
Osprey Acquisition Corp. III filed its audited balance sheet after closing its $300.15 million IPO, showing $300.15 million in trust and a shareholders' deficit of $11.2 million. The filing also values public warrants at $0.52 each.
Key Events · Financing and Capital Events · OSPRU
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IPO Closed with Full Over-Allotment
The company sold 30,015,000 units at $10.00 each, generating $300.15 million in gross proceeds. Underwriters exercised their over-allotment option in full.
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Trust Account Funded at $300.15M
$300.15 million from the IPO and private placement was placed in a trust account, representing $10.00 per public share.
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Audited Balance Sheet Filed
The balance sheet as of July 2, 2026 shows total assets of $301.8 million, including $1.4 million in cash outside trust, and a shareholders' deficit of $11.2 million.
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Warrant Fair Value Disclosed
Public warrants are valued at $5.2 million total, or $0.52 per warrant, using a Monte Carlo simulation with a 30% probability of completing a business combination.
Analysis · OSPRU · Real Estate & Construction
This 8-K delivers the first audited financial snapshot of Osprey Acquisition Corp. III following its $300.15 million IPO. The balance sheet confirms that $300.15 million sits in trust, while a shareholders' deficit of $11.2 million reflects offering costs. Investors also get a first look at the fair value of public warrants—$0.52 each, derived from a Monte Carlo simulation—and a detailed post-offering capital structure. Although the IPO closing was previously announced, these audited figures and valuation assumptions establish the concrete financial baseline for the blank-check company as it begins its search for a merger target.
At the time of this filing, OSPRU was trading at $10.10 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $271.2M. The 52-week trading range was $10.02 to $10.13. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.