New Providence Holdings III, Llc - Apr 25, 2025 Form 4 Insider Report for New Providence Acquisition Corp. III/Cayman (NPAC)

Role
10%+ Owner
Signature
/s/ New Providence Holdings III, LLC, By: Gary P. Smith, its managing manager
Stock symbol
NPAC
Transactions as of
Apr 25, 2025
Transactions value $
$6,110,750
Form type
4
Date filed
4/28/2025, 06:56 AM
Previous filing
Apr 23, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NPAC Class A ordinary shares Purchase $6.11M +611K +8.14% $10.00 8.11M Apr 25, 2025 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the 611,075 Class A ordinary shares of New Providence Acquisition Corp. III (the "Issuer") that are included in the 611,075 private placement units of the Issuer purchased by New Providence Holdings III, LLC ("Sponsor"). Each private placement unit was purchased for $10 per unit and consists of one Class A ordinary share and one-third of a warrant, each whole warrant exercisable into one Class A ordinary share at an exercise price of $11.50 per ordinary share.
F2 The Sponsor is the record holder of the shares reported herein. Alexander Coleman and Gary P. Smith are the managing members of the Sponsor and hold voting and investment discretion with respect to the Class A ordinary shares and Class B ordinary shares held of record by the Sponsor. As such, Mr. Coleman and Mr. Smith may be deemed to have beneficial ownership of the securities held of record by the Sponsor. Mr. Coleman and Mr. Smith disclaim any beneficial ownership except to the extent of their pecuniary interest therein.
F3 Represents (i) the 611,075 Class A ordinary shares referred to in footnotes 1 and 2 and (ii) 7,503,750 Class B ordinary shares held by the Sponsor acquired pursuant to a subscription agreement by and between the Issuer and the Sponsor.