| Balance Sheets | 2026-06-30 | 2026-03-31 | 2025-12-31 | |
|---|---|---|---|---|
| Cash | 526,042 | 653,598 | 753,828 | |
| Prepaid expenses | 193,654 | 138,686 | 205,037 | |
| Total current assets | 719,696 | 792,284 | 958,865 | |
| Long-term prepaid expenses | 56,430 | 87,551 | 118,331 | |
| Cash and marketable securities held in trust account | 234,340,929 | 232,255,318 | 230,296,082 | |
| Total assets | 235,117,055 | 233,135,153 | 231,373,278 | |
| Accounts payable and accrued expenses | 19,414 | 619 | 2,500 | |
| Accrued offering costs | - | - | 86,500 | |
| Due to sponsor | - | - | 8,468 | |
| Accrued offering costs | 75,000 | 75,000 | - | |
| Total current liabilities | 94,414 | 75,619 | 97,468 | |
| Deferred underwriting fee | 9,800,000 | 9,800,000 | 9,800,000 | |
| Total liabilities | 9,894,414 | 9,875,619 | 9,897,468 | |
| Class a ordinary shares subject to possible redemption, 0.0001 par value 23,000,000 shares at redemption value of 10.19 and 10.01 per share as of june 30, 2026 and december 31, 2025, respectively | 234,340,929 | 232,255,318 | 230,296,082 | |
| Common shares value issued | 767 | 767 | 767 | |
| Accumulated deficit | -9,119,055 | -8,996,551 | -8,821,039 | |
| Total shareholders' deficit | -9,118,288 | -8,995,784 | -8,820,272 | |
| Total liabilities, class a ordinary shares subject to possible redemption, and shareholders' deficit | 235,117,055 | 233,135,153 | 231,373,278 | |
ITHAX Acquisition Corp III (ITHAW)
ITHAX Acquisition Corp III (ITHAW)