Osprey Acquisition Corp. III posted a net loss of $61,672 for the quarter ended June 30, 2026, reflecting general and administrative costs.
The blank-check company reported a net loss of $109,270 from inception on Jan. 27, 2026 through June 30, 2026, also driven by general and administrative expenses.
It ended the quarter with $22,607 in cash and a working capital deficit of $495,412.
Post-quarter financing and trust account
Subsequent to quarter-end, it raised $300.15 million in gross proceeds from its initial public offering and $7.47 million from a private placement.
It placed $300.15 million into a trust account to fund a business combination.