Three Lions Acquisition Corp. Closes $100M SPAC IPO with $4M Private Placement
TLACU is trading near its 52-week low of $9.94 (0.6% above the low) on light trading volume (0.4× avg).
Summary
Three Lions Acquisition Corp. closed its $100M SPAC IPO on September 2, 2026, plus a $4M private placement, with $100.5M placed in trust for a future business combination.
Key Events · Financing and Capital Events · TLACU
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IPO Closed at $100M
10,000,000 units sold at $10.00 per unit on September 2, 2026, generating $100,000,000 in gross proceeds. Each unit consists of one ordinary share and one-half of one warrant.
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Private Placement Adds $4M
Simultaneous private placement of 400,000 units at $10.00 per unit to the sponsor, underwriter, and third-party investors generated $4,000,000 in gross proceeds.
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Trust Account Funded at $100.5M
$100,500,000 of net proceeds from the IPO and private placement was deposited into a trust account, representing approximately $10.05 per public share.
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Board Expanded to Five Directors
Jeffrey G. Brock, Jeffrey A. Dunham, and Jameson Culp were appointed to the board effective August 31, 2026, joining existing directors Berke Bakay and Harry Brandler.
Analysis · TLACU · Real Estate & Construction
Three Lions Acquisition Corp. completed its initial public offering on September 2, 2026, raising $100 million by selling 10 million units at $10.00 each. A simultaneous private placement added another $4 million, bringing total gross proceeds to $104 million. Of that, $100.5 million was placed in a trust account to fund a future business combination in the sports, hospitality, leisure, or real estate sectors. The company now has 21 months to find and complete a merger or face liquidation and return of trust funds to public shareholders. This is the standard SPAC lifecycle event — the capital is now locked in and the clock is running.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 29.9% of the 1988 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.12%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, TLACU was trading at $10.00 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $105M. The 52-week trading range was $9.94 to $10.18. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.