This is a standard post-IPO filing for a SPAC. Monitor for any future 8-K filings regarding a definitive agreement for a business combination, which would be the primary catalyst for TLAC units, shares, and warrants.
Price Chart
Executive Summary
Three Lions Acquisition Corp. filed an 8-K reporting the consummation of its initial public offering (IPO) of 10,000,000 units at $10.00 per unit, generating $100 million in gross proceeds, and a simultaneous private placement of 400,000 units to the sponsor, underwriter, and third-party investors for $4 million. This is a routine post-IPO filing that provides the audited balance sheet as of September 2, 2026, showing $100.5 million in the trust account and $1.24 million in working capital outside the trust. The filing is a procedural step for a newly formed blank-check company and contains no operational or financial performance data to evaluate.
Key Facts
- IPO of 10,000,000 units at $10.00/unit closed on September 2, 2026, raising $100,000,000 in gross proceeds.
- Simultaneous private placement of 400,000 units at $10.00/unit to sponsor, underwriter, and third-party investors raised $4,000,000.
- Total of $100,500,000 from IPO and private placement deposited into trust account ($10.05 per public share).
- Company has 21 months from IPO closing to complete an initial business combination or it will liquidate.
- As of September 2, 2026, the company had $1,236,590 in cash and $792,215 in working capital outside the trust.
Financial Impact
IPO raised $100,000,000 in gross proceeds; private placement raised $4,000,000; total trust account funded with $100,500,000.
Risk Factors
- Risk of failing to identify and complete a business combination within 21 months, leading to liquidation and loss of sponsor capital.
- Dilution risk from warrants (5,200,000 outstanding) and potential working capital loan conversions.
- No operating history or revenue; valuation depends entirely on future acquisition target.
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-387717 |
| Document: d173457d8k.htm | 0001193125-26-387717 |
| Document: 0001193125-26-387717-index-headers.html | 0001193125-26-387717 |
| Document: 0001193125-26-387717-index.html | 0001193125-26-387717 |
| Document: 0001193125-26-387717.txt | 0001193125-26-387717 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 16, 2026 5w ago | Insider Buy | — | awaiting T+20 | — | — |
Sep 10, 2026 6w ago | 8-K | — | awaiting T+20 | — | — |
Sep 1, 2026 7w ago | 424B4 | — | awaiting T+20 | — | — |
Aug 31, 2026 8w ago | 3 | — | awaiting T+20 | — | — |
US Market Status
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