Abra Financial Holdings to Go Public via SPAC Merger with New Providence Acquisition Corp. III
March 16, 2026
Abra Financial Holdings announced plans to become a publicly traded company through a business combination with special purpose acquisition company New Providence Acquisition Corp. III. The deal values Abra at a $750 million pre-money equity valuation and is expected to provide growth capital, with shares expected to trade on Nasdaq under ticker ABRX after closing.
- Buyers
- New Providence Acquisition Corp. III, Abra Financial Holdings (as the operating company in the combined public entity)
- Targets
- Abra Financial Holdings
- Sellers
- Adams Street, Blockchain Capital, Pantera Capital, RRE Ventures, SBI
- Industry
- Financial Services
- Location
- United States
- Transaction Type
- Growth capital
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