Three Lions Acquisition Corp.'s sponsor holds 3,158,333 ordinary shares, equal to 21.9% of the 14,433,333 shares outstanding. The sponsor has sole voting and disposal power, agreed to support a proposed Business combination, and accepted restrictions on transfers and redemptions.

Key Highlights

  • Founder shares issued for $25,000 were adjusted to 3,833,333 shares after a 1 for 1.33333 split.
  • The sponsor bought 200,000 private Placement units for $2,000,000 ($2.0 million) at the IPO.
  • Registration, Escrow and letter agreements set conditions around transfers, voting and future share registration.

Three Lions Acquisition Corp. (NASDAQ: TLACU) sponsor Three Lions Sponsor, LLC beneficially owns 3,158,333 ordinary shares, representing 21.9% of the 14,433,333 shares outstanding. The sponsor has sole power to vote and dispose of that position.

Founder Shares and Private Units

Three Lions Acquisition Corp. issued 2,875,000 Founder Shares to the sponsor on March 23, 2026, for $25,000. A 1 for 1.33333 share split on June 29, 2026, increased the sponsor’s Founder Share holding to 3,833,333.

Voting, Lockup and Registration Terms

The sponsor entered agreements dated August 31, 2026, covering the private units, registration rights, voting commitments and share escrow. The private placement units and their underlying securities cannot generally be transferred, sold or assigned until after the initial business combination, subject to limited exceptions. The sponsor agreed to vote its ordinary shares for a proposed business combination, refrain from seeking Redemption rights for those shares and observe specified transfer restrictions. Registration rights apply to certain securities, while Founder Shares held before the IPO remain subject to escrow restrictions until six months after the date of consummation of the initial business combination, or earlier in specified circumstances, subject to permitted exceptions.