Ogier advises Bleichroeder Acquisition Corp. III on US$345 million Nasdaq IPO

Ogier’s Equity Capital Markets specialists in the Cayman Islands have advised Bleichroeder Acquisition Corp. III on its US$345 million Nasdaq IPO.  

The offering of 34.5 million units was priced at US$10.00 per unit and includes 4.5 million units issued pursuant to the full exercise by the underwriters of their over-allotment option, generating gross proceeds of US$345 million.  

Each unit consists of one Class A ordinary share and one-fourth of one redeemable warrant, with each whole warrant entitling the holder to purchase one Class A ordinary share at a price of US$11.50 per share. The units began trading on The Nasdaq Global Market on 7 July 2026 under the ticker symbol BCCQU.  

Bleichroeder Acquisition Corp. III is a special purpose acquisition company seeking opportunities in North American and European disruptive growth sectors.  

The Ogier team was led by partner Natalie Bell, with support from partner Bradley Kruger, lead partner of Ogier's Corporate team in the Cayman Islands, managing associate Laura O'Byrne, senior associate Mike Azarnikow and associate Kimberly Ebanks. 

The company's management team is led by its co-founders Michel Combes and Andrew Gundlach, together with chief executive officer Marcello Padula and chief financial officer Robert Folino. The board also includes Clemence Rasigni and Christopher Kellen.  

Cohen & Company Capital Markets acted as lead book-running manager for the offering. 

Ogier is one of the leading Cayman Islands advisers in the SPAC market and regularly supports clients across the full SPAC lifecycle, from IPO through to de-SPAC. Contact our specialists to find out more.