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ITHAX Acquisition Corp III operates as a blank check company formed for the express purpose of executing a business combination with one or more enterprises. It specializes in identifying and merging with target companies, focusing on sectors including asset management, leisure, hospitality, catering, travel, entertainment, gaming, lifestyle, and related services. The company emphasizes a strategic interest in entities leveraging next-generation technologies such as artificial intelligence and digital assets to drive future growth and innovation within these industries.
The company was founded by Orestes Fintiklis, who also serves as its Chief Executive Officer, Chief Financial Officer, and Chairman. Fintiklis, known as the founder of Ithaca Capital Partners, brings prior experience in the SPAC landscape, having also sponsored and led ITHAX Acquisition Corp. ITHAX Acquisition Corp III closed its initial public offering on December 15, 2025, underscoring its formal establishment and readiness to pursue its acquisition strategy.
ITHAX Acquisition Corp III seeks to partner with promising businesses that align with its target sector focus. The firm’s vision centers on the identification and successful integration of a private company, aiming to unlock significant value by bringing it public through the merger. This forward-looking approach positions ITHAX Acquisition Corp III as a vehicle for growth, connecting established capital markets with innovative, technology-driven ventures in its chosen fields.
Ithaca 3 has 1 tracked investment across 1 company. The latest tracked deal is $3.0M Seed in Skillvue in September 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Sep 1, 2024 | Skillvue | $3.0M Seed | 14Peaks Capital, Lorenzo Franzi | Flash Ventures, K Fund, Orbita Verticale |