Black Spade Acquisition III Secures Up to $200,000 Interest-Free Loan From Black Spade Sponsor III

• Black Spade Acquisition III issued Black Spade Sponsor LLC III an unsecured promissory note for up to $200,000.
• Issued October 30, 2026, the interest-free note funds costs and expenses related to the proposed business combination.
• Full repayment is due March 31, 2027, or upon completion of the business combination, whichever comes first.
• Funds may be drawn before maturity; principal may be prepaid at any time without penalty.
• Payment delays beyond five business days past maturity or commencement of voluntary or involuntary bankruptcy proceedings constitute defaults, potentially triggering acceleration.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Black Spade Acquisition III Co. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-120970), on November 02, 2026, and is solely responsible for the information contained therein.