MASHINIi

New Providence Acquisition Corp. III.

NPAC.US | Activities of holding companies

New Providence Acquisition Corp. III is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company intends to focus its search on identifying a ...Show More

Ethical Profile

Mixed.

New Providence Acquisition Corp. III (NPAC.US) is a special purpose acquisition company (SPAC) with no current operations. Its ethical profile is largely undefined, as its impact on areas like health, fair labor, environmental practices, and community respect is entirely contingent on the target company it eventually acquires. While the company's S-1 filing and website mention a Code of Ethics and Audit Committee Charter, reports suggest these documents were not fully accessible for review, making it difficult to assess their strength or enforcement. Therefore, a comprehensive ethical assessment is not possible until an acquisition occurs.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

NPAC.US is a Special Purpose Acquisition Company (SPAC) that has completed its Initial Public Offering.

1
The provided articles focus on the company's financial details, IPO proceeds, management team, and trading information. As a blank check company, NPAC.US has not yet acquired a target business and therefore does not have any operational activities, products, or services that would generate data relevant to the 'Better Health for All' ethical value.
2
Consequently, no evidence could be found for any of the specified KPIs.

Fair Money & Economic Opportunity

0

New Providence Acquisition Corp. III (NPAC.US) is a Special Purpose Acquisition Company (SPAC) that completed its IPO, raising $261 million to $300.15 million.

1
The company's current operations are limited to its formation, IPO, and the search for a target business to acquire, primarily in the healthcare industry. As a SPAC, it does not currently offer any financial products or services to consumers, nor does it have customers, revenue from financial products, or operational activities related to lending, deposits, or financial inclusion. Therefore, all KPIs related to Fair Money & Economic Opportunity are not applicable to NPAC.US in its current state, aligning with the '0' tier for companies not operating in financial services or not offering relevant products.

Fair Pay & Worker Respect

0

NPAC.US is a blank check company (SPAC) with no direct operations and a minimal workforce of 3 employees.

1
Due to its nature as a financial entity focused on acquiring a target company, all KPIs related to fair pay and worker respect are currently unavailable or not applicable, as explicitly stated in the evidence.
2
This aligns with the 'N/A' (0) tier in the rubric for companies with small workforces or non-labor-intensive operations.
3

Fair Trade & Ethical Sourcing

0

New Providence Acquisition Corp. III (NPAC.US) is a blank check company (SPAC) formed to acquire a business.

1
As a SPAC, it currently has no operational activities, does not procure physical commodities, and does not have a supply chain or supplier base. Therefore, all fair trade and ethical sourcing KPIs, which relate to operational supply chain management, are not applicable to its current business model. The provided articles focus on the company's financial structure and IPO, offering no data on any ethical sourcing metrics.
2

Honest & Fair Business

0

The company mentions a 'Code of Business Ethics and Conduct' and an 'Audit Committee Charter' as corporate governance documents.

1
It also mentions the existence of audit opinions and consents for director nominees.
2
However, the provided articles do not contain specific, concrete data points regarding the strength or enforcement of these policies, the percentage of board members free from conflicts, the extent of audit coverage, or any other quantitative metrics required by the rubric. Therefore, no KPIs can be scored based on the available evidence.

Kind to Animals

0

No evidence available to assess New Providence Acquisition Corp. III on Kind to Animals.

No War, No Weapons

0

NPAC.US is a blank check company (SPAC) that has not yet completed a business combination.

1
As such, it currently has no operating business, products, services, or revenue-generating activities.
2
The provided articles explicitly state that no information is available for any of the KPIs related to the 'No War, No Weapons' ethical value.
3
Therefore, no assessment can be made against these criteria based on the evidence provided.

Planet-Friendly Business

0

Sustainability data is currently unavailable for NPAC.US.

1

Respect for Cultures & Communities

0

New Providence Acquisition Corp. III (NPAC.US) is a blank check company (SPAC) that has recently completed its initial public offering.

1
The provided articles focus exclusively on the company's financial details, such as IPO proceeds and management, and explicitly state that no data relevant to its operations, community engagement, or cultural sensitivity is available.
2
As a SPAC, it has not yet acquired an operating business, and therefore, there is no information to assess against the 'Respect for Cultures & Communities' ethical value.
3
Consequently, no KPIs can be scored based on the evidence provided.

Safe & Smart Tech

0

New Providence Acquisition Corp. III (NPAC.US) is a blank check company (SPAC) formed for the purpose of effecting a merger.

1
The provided articles primarily discuss general cybersecurity due diligence considerations for mergers and acquisitions (M&A) or focus on NPAC.US's IPO and financial aspects. There is no specific, concrete evidence regarding NPAC.US's own operational data protection, cybersecurity practices, or responsible AI initiatives, nor any details about the practices of any potential target company. Therefore, no KPIs can be scored based on the provided information.

Zero Waste & Sustainable Products

0

New Providence Acquisition Corp. III (NPAC.US) is a blank check company (SPAC) with no current operations or products.

1
The provided articles explicitly state that sustainability data, including metrics for zero waste and sustainable products, is unavailable for NPAC.US.
2
One article, despite its title, provides sustainability data for a different company (Target), which is not relevant to NPAC.US.
3
Therefore, no specific, concrete data points for any KPIs related to Zero Waste & Sustainable Products could be found for NPAC.US.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.