Northern Star Investment Corp. III
NSTC
New York Stock Exchange0.00
USD
-0.08
- -
CIK
0001835817
ISIN
US66574L1008
CUSIP
66574L100
Return %
Stock
S&P500
1Y
-99.99
24.99
3Y
-99.99
70.19
5Y
-99.99
77.45
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Jonathan Jospeh Ledecky
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- The Chrysler Building New York City NY United States of America 10174
- IPO Date
- Apr 22, 2021
- CIK
- 0001835817
- Website
- northernstaric3.com
- Similar Companies
- Business
- Northern Star Investment Corp. III is a special purpose acquisition company (SPAC) incorporated in 2020 and headquartered in New York, New York. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. Its primary target sectors are direct-to-consumer and digitally disruptive e-commerce businesses. As a blank check company, Northern Star Investment Corp. III does not have significant standalone operations but serves as an acquisition vehicle to identify and combine with promising companies in its focus industries. The firm's core activities include raising capital through public offerings—such as its upsized initial public offering of 40 million units priced at $10.00 per unit—and pursuing mergers or acquisitions in the specified business spaces. Each unit issued in the IPO consists of one share of Class A common stock and one-sixth of a redeemable warrant exercisable at $11.50. The company’s shares and units trade on the New York Stock Exchange under the symbols NSTC and NSTC.U, respectively. In recent developments, Northern Star Investment Corp. III has faced regulatory scrutiny including a NYSE decision to suspend trading of its warrants in 2022 due to abnormally low price levels. The company has continued to work on identifying suitable acquisition targets but as of late 2025, it has not announced a completed merger or acquisition. The firm remains under the leadership of Chairperson and CEO Joanna Coles and President and COO Jonathan Ledecky. Its strategic focus remains sharply on merging with or acquiring businesses in the e-commerce and direct-to-consumer sectors, leveraging its public listing to facilitate such combinations. Northern Star Investment Corp. III operates solely as a corporate shell for business combination purposes without producing or selling products or services directly, with a geographic emphasis on the U.S. e-commerce market. This focus aligns with recent trends in SPAC investment toward digital consumer businesses that are experiencing rapid disruption and growth. This description incorporates Northern Star’s foundational business model, key leadership, recent regulatory and market status, and its ongoing strategic priority to target mergers in digitally disruptive direct-to-consumer commerce.