NEW YORK, NY, July  31, 2026  (GLOBE NEWSWIRE) --  Bleichroeder Acquisition Corp. III (NASDAQ:BCCQU) (the &#34;Company&#34;) announced today that, commencing August 3, 2026, the holders of the units issued in the

BCCQU

Bleichroeder Acquisition Corp. III Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing August 3, 2026

BCCQU unit-split to spur separate trading in BCCQ shares and BCCQW warrants

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>NEW YORK, NY, July  31, 2026  (GLOBE NEWSWIRE) --  Bleichroeder Acquisition Corp. III (NASDAQ:BCCQU) (the &amp;#34;Company&amp;#34;) announced today that, commencing August 3, 2026, the holders of the units issued in the</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>BCCQU announced that, starting August 3, 2026, holders may separately trade Class A shares (BCCQ) and warrants (BCCQW). Units not separated will continue to trade under BCCQU. The move could unlock value for warrants and improve liquidity, though warrant pricing will depend on the $11.50 strike and market demand.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>BCCQU to separate units into BCCQ shares and BCCQW warrants on Aug 3, 2026. Warrants trade separately with whole warrants only.</li><li>Separation may affect liquidity and valuation between BCCQ and BCCQW. Units continue to trade as BCCQU if not separated.</li><li>Warrant strike price is $11.50; no fractional warrants will be issued. Trading symbols: BCCQ, BCCQW; BCCQU for units.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Bleichroeder Acquisition Corp. III (BCCQU)</strong>: Issuer; initiating the unit separation, potential liquidity/price-discovery impact on components.</li><li><strong>BCCQ (BCCQ)</strong>: Class A ordinary shares; will trade separately starting Aug 3, 2026.</li><li><strong>BCCQW (BCCQW)</strong>: Redeemable warrants; separate trading begins Aug 3, 2026; strike is $11.50.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Corporate Developments; SPAC unit-separation is a corporate-action event affecting security structure, liquidity, and near-term pricing dynamics.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Separation date of August 3, 2026; potential near-term liquidity and volatility spikes.</li><li>Warrant value tied to BCCQ price vs. $11.50 strike; valuation uncertain ahead of separation.</li><li>Two-ticker dynamic may narrow or widen spreads between BCCQ and BCCQW.</li><li>No deal/earnings specifics; broader SPAC market dynamics remain a driver.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Announcement date: July 31, 2026.</li><li>Separation date: August 3, 2026.</li><li>Warrant strike price: $11.50 per share.</li><li>Trading symbols after separation: BCCQ (Class A shares), BCCQW (warrants).</li><li>Units not separated will trade as BCCQU.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Near-term neutrality to modestly bullish as liquidity and price discovery improve for BCCQ and BCCQW post-separation.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">NEW YORK, NY, July  31, 2026  (GLOBE NEWSWIRE) --  Bleichroeder Acquisition Corp. III (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/BCCQU">BCCQU</a>) (the "Company") announced today that, commencing August 3, 2026, the holders of the units issued in the Company’s initial public offering (the "Units"), each consisting of one Class A ordinary share of the Company, par value $0.0001 per share (the "Class A Ordinary Shares"), and one-fourth of one redeemable warrant of the Company (each, a "Warrant"), with each whole Warrant entitling the holder thereof to purchase one Class A Ordinary Share for $11.50 per share, may elect to separately trade the Class A Ordinary Shares and the Warrants included in the Units. No fractional Warrants will be issued upon separation of the Units and only whole Warrants will trade. The Class A Ordinary Shares and the Warrants will trade on the Nasdaq Global Market under the symbols "BCCQ" and "BCCQW," respectively. Units not separated will continue to trade on the Nasdaq Global Market under the symbol "BCCQU."<br></br><br></br>This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.<br></br> <br></br><b>About Bleichroeder Acquisition Corp. III</b></p>  <p align="justify">The Company is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an acquisition opportunity in any industry, sector or geographic region. The Company’s primary focus, however, will be on North American and European businesses in disruptive growth sectors, which may include companies within sectors that are being transformed via technology adoption. The Company’s management team is led by its Co-Founders, Michel Combes and Andrew Gundlach, Marcello Padula, its Chief Executive Officer, and Robert Folino, its Chief Financial Officer. The Board also includes Clemence Rasigni, Christopher Kellen and Constantine Dakolias.<br></br> <br></br><b>FORWARD-LOOKING STATEMENTS</b> <br></br> <br></br>This press release may include, and oral statements made from time to time by representatives of the Company may include, "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements regarding possible business combinations and the financing thereof, and related matters, as well as all other statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filings with the Securities and Exchange Commission ("SEC"). All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the Company’s initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.<br></br> <br></br><b>Company Contact</b> <br></br> <br></br>Bleichroeder Acquisition Corp. III<br></br>1345 Avenue of the Americas, 47th Floor New York, NY 10105<br></br>Attn: Robert Folino<br></br>(o) 212.984.3835<br></br><a href="https://www.globenewswire.com/Tracker?data=iSHQWZmaKZQXRzQSaVRYN87UM5UxSy9wJQThCPrUB9UZ8rW0DgVPCoX3Q5ft4eTKIp4RUNFWp4o86kKkdptg6y7IxexP4rZ5FH9NmTGqPjEarF5Boe2SbHca9iv8bA1G" rel="nofollow" target="_blank">robert.folino@bspac1.com</a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTgwMTY4MyM3NzUzMzI3IzUwMDE2NDk1MQ=="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/ZmYxZGZiNmMtZWU5Mi00Mjk2LThiMTItY2RmMzYxOGRhZmJmLTUwMDE2NDk1MS0yMDI2LTA3LTMxLWVu/tiny/Bleichroeder-Acquisition-Corp-.png" referrerpolicy="no-referrer-when-downgrade"></img>

BCCQU announced that, starting August 3, 2026, holders may separately trade Class A shares (BCCQ) and warrants (BCCQW). Units not separated will continue to trade under BCCQU. The move could unlock value for warrants and improve liquidity, though warrant pricing will depend on the $11.50 strike and market demand.

News insight

Bleichroeder Acquisition Corp. III Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing August 3, 2026

AI summary

Sentiment rationale

Key facts

Corporate Developments