10-Q Filing

New Providence Acquisition Corp. III/Cayman CIK: 2048948 Q1 2025

Filing Information

Form Type	10-Q
Accession Number	`0001213900-25-052264`
Period End Date	20250331
Filing Date	20250609
Fiscal Year	2025
Fiscal Period	Q1
XBRL Instance	ea0243906-10q_newpro3_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 12 Cash Flow Statement 28 Stockholders Equity 10

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Preference shares, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preference shares, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preference shares, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preference shares, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preference shares, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preference shares, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preference shares, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preference shares, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preference shares, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preference shares, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preference shares, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preference shares, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preference shares, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preference shares, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preference shares, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preference shares, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$23.78K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$23.78K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	-	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	-	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$23.78K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$23.78K	USD	Point-in-time
Deferred offering costs	`DeferredCosts`	$53.71K	USD	Point-in-time
Deferred offering costs	`DeferredCosts`	$53.71K	USD	Point-in-time
Deferred offering costs	`DeferredCosts`	$238.81K	USD	Point-in-time
Deferred offering costs	`DeferredCosts`	$238.81K	USD	Point-in-time
Total Assets	`Assets`	$77.49K	USD	Point-in-time
Total Assets	`Assets`	$77.49K	USD	Point-in-time
Total Assets	`Assets`	$238.81K	USD	Point-in-time
Total Assets	`Assets`	$238.81K	USD	Point-in-time
Accrued offering costs	`AccruedOfferingCostsCurrent`	-	USD	Point-in-time
Accrued offering costs	`AccruedOfferingCostsCurrent`	-	USD	Point-in-time
Accrued offering costs	`AccruedOfferingCostsCurrent`	$39.77K	USD	Point-in-time
Accrued offering costs	`AccruedOfferingCostsCurrent`	$39.77K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	-	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	-	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$13.97K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$13.97K	USD	Point-in-time
Total Liabilities	`Liabilities`	$71.02K	USD	Point-in-time
Total Liabilities	`Liabilities`	$71.02K	USD	Point-in-time
Total Liabilities	`Liabilities`	$293.02K	USD	Point-in-time
Total Liabilities	`Liabilities`	$293.02K	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$24.25K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$24.25K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$24.25K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$24.25K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-18.53K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-18.53K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-79.22K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-79.22K	USD	Point-in-time
Total Shareholders (Deficit) Equity	`StockholdersEquity`	$-54.22K	USD	Point-in-time
Total Shareholders (Deficit) Equity	`StockholdersEquity`	$-54.22K	USD	Point-in-time
Total Shareholders (Deficit) Equity	`StockholdersEquity`	$6.47K	USD	Point-in-time
Total Shareholders (Deficit) Equity	`StockholdersEquity`	$6.47K	USD	Point-in-time
Total Liabilities and Shareholders (Deficit) Equity	`LiabilitiesAndStockholdersEquity`	$77.49K	USD	Point-in-time
Total Liabilities and Shareholders (Deficit) Equity	`LiabilitiesAndStockholdersEquity`	$77.49K	USD	Point-in-time
Total Liabilities and Shareholders (Deficit) Equity	`LiabilitiesAndStockholdersEquity`	$238.81K	USD	Point-in-time
Total Liabilities and Shareholders (Deficit) Equity	`LiabilitiesAndStockholdersEquity`	$238.81K	USD	Point-in-time

Income Statement 12 line items

Line Item	Tag	Value	Unit	Period
Loss from operations	`OperatingIncomeLoss`	$-60.69K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-60.69K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-60.69K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-60.69K	USD	1 Quarter
Basic weighted average ordinary shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	6.53M	shares	1 Quarter
Basic weighted average ordinary shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	6.53M	shares	1 Quarter
Diluted weighted average ordinary shares outstanding (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	6.53M	shares	1 Quarter
Diluted weighted average ordinary shares outstanding (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	6.53M	shares	1 Quarter
Basic net loss per ordinary share (in Dollars per share)	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Basic net loss per ordinary share (in Dollars per share)	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Diluted net loss per ordinary share (in Dollars per share)	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
Diluted net loss per ordinary share (in Dollars per share)	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter

Cash Flow Statement 28 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-60.69K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-60.69K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-20.65K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-20.65K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$13.97K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$13.97K	USD	1 Quarter
Due to related party	`IncreaseDecreaseInDueToRelatedParties`	$-3.00K	USD	1 Quarter
Due to related party	`IncreaseDecreaseInDueToRelatedParties`	$-3.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-29.07K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-29.07K	USD	1 Quarter
Proceeds from promissory note related party	`ProceedsFromRelatedPartyDebt`	$171.27K	USD	1 Quarter
Proceeds from promissory note related party	`ProceedsFromRelatedPartyDebt`	$171.27K	USD	1 Quarter
Payment of offering costs	`PaymentsOfStockIssuanceCosts`	$142.20K	USD	1 Quarter
Payment of offering costs	`PaymentsOfStockIssuanceCosts`	$142.20K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$29.07K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$29.07K	USD	1 Quarter
Net Change in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	-	USD	1 Quarter
Net Change in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	-	USD	1 Quarter
Cash, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash, end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Deferred offering costs included in accrued offering costs	`DeferredOfferingCostsIncludedInAccruedOfferingCosts`	$39.77K	USD	1 Quarter
Deferred offering costs included in accrued offering costs	`DeferredOfferingCostsIncludedInAccruedOfferingCosts`	$39.77K	USD	1 Quarter

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$-54.22K	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-54.22K	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$6.47K	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$6.47K	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-60.69K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-60.69K	USD	1 Quarter
Ending balance	`StockholdersEquity`	$-54.22K	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-54.22K	USD	Point-in-time
Ending balance	`StockholdersEquity`	$6.47K	USD	Point-in-time
Ending balance	`StockholdersEquity`	$6.47K	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.