Kismet Acquisition Three Corp. (KIII) Stock Analysis
DELISTED 2023
What happened to Kismet Acquisition Three Corp. (KIII) stock?
Kismet Acquisition Three Corp. (KIII) no longer trades on public markets. It was delisted in February 2023. The figures below are historical and are not a current quote.
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Kismet Acquisition Three Corp. (KIII) trades at $10.16. Kismet Acquisition Three Corp. is a shell company focused on pursuing a business combination through a merger, share exchange, or similar transaction. Sector: Financial services.
Last analyzed: Mar 18, 2026Analyst Coverage for KIII: KIII does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates KIII against Financial Services peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
Kismet Acquisition Three Corp. (KIII) Financial Services Profile
Kismet Acquisition Three Corp., a special purpose acquisition company (SPAC), is actively seeking a merger or acquisition target. Incorporated in 2020, the company aims to identify and combine with a promising business, offering investors exposure to potential growth opportunities through a structured financial vehicle within the financial services sector.
What Is the Investment Thesis for KIII?
Kismet Acquisition Three Corp. presents a speculative investment opportunity tied to its ability to identify and successfully merge with a promising private company. As of 2026, KIII's value is primarily based on the potential of a future acquisition. Key value drivers include the management team's experience in deal-making and the attractiveness of the target company they ultimately select. The current P/E ratio of 101.85 reflects market expectations regarding a potential merger. A successful merger announcement could serve as a significant catalyst, driving up the stock price. However, the risk remains that KIII may fail to find a suitable target within the specified timeframe, leading to liquidation and a return of capital to shareholders, potentially at a loss.
Based on FMP financials and quantitative analysis
KIII Key Highlights
Kismet Acquisition Three Corp. is a special purpose acquisition company (SPAC) formed in 2020.
- The company's primary objective is to identify and merge with a private company, facilitating its public listing.
- KIII does not have significant operations and is focused on executing a business combination.
- The company's success depends on identifying a high-growth potential target and successfully negotiating a merger agreement.
- KIII's current P/E ratio is 101.85, reflecting market expectations regarding a potential merger.
Who Are KIII's Competitors?
KIII is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| APGB Apollo Strategic Growth Capital II | $10.59 | +0.06% | $372M | 44 |
| ESM ESM Acquisition Corporation | $10.20 | -0.05% | $391M | 44 |
| JUGG Jaws Juggernaut Acquisition Corporation | $10.33 | -0.10% | $356M | 44 |
| LEGA Lead Edge Growth Opportunities, Ltd | $10.22 | +0.20% | $441M | 44 |
| AGGI Allied Energy, Inc. | $2.25 | +32.24% | $45.4B | 61 |
| GSHN Gushen, Inc. | $22.70 | +2.71% | $9.32B | 61 |
| IVAN Ivanhoe Capital Acquisition Corp. | $7.68 | -2.17% | $2.69B | 64 |
| APXTW Apex Treasury Corporation | $0.35 | -5.41% | $1.89B | 66 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are KIII's Key Strengths?
Experienced management team
- Access to capital through IPO
- Flexibility to pursue various business combinations
- Potential for high returns if a successful merger is completed
What Are KIII's Weaknesses?
Lack of operating history
- Dependence on identifying a suitable target company
- Competition from other SPACs
- Potential for liquidation if a merger is not completed
What Could Drive KIII Stock Higher?
Announcement of a definitive merger agreement with a target company.
- Progress in negotiations with potential target companies.
- Positive market sentiment towards SPACs and business combinations.
What Are the Key Risks for KIII?
Weak fundamentals — a Piotroski F-Score of 2/9 flags soft profitability, leverage or efficiency.
- Failure to identify a suitable target company within the specified timeframe, leading to liquidation.
- Increased regulatory scrutiny of SPACs and business combinations.
- Market volatility and economic uncertainty impacting the valuation of potential target companies.
- Competition from other SPACs for attractive target companies.
What Are the Growth Opportunities for KIII?
- Identifying a High-Growth Target: KIII's primary growth opportunity lies in identifying and merging with a high-growth private company. The success of this strategy depends on the target company's market potential, competitive positioning, and financial performance. The SPAC market is competitive, requiring KIII to differentiate itself through its deal-sourcing capabilities and industry expertise. The timeline for this growth opportunity is dependent on the company's ability to find and close a merger transaction, typically within a 2-year timeframe from its IPO.
- Strategic Sector Focus: KIII can enhance its growth prospects by focusing on specific high-growth sectors, such as technology, healthcare, or renewable energy. By developing expertise in these areas, KIII can attract target companies and investors interested in these sectors. This targeted approach can improve the efficiency of the deal-sourcing process and increase the likelihood of a successful merger. The timeline for this strategy is ongoing, as KIII continuously evaluates potential target sectors.
- Leveraging Management Expertise: KIII's management team's experience and network can be a significant growth driver. By leveraging their expertise in deal-making, industry knowledge, and investor relations, KIII can enhance its ability to identify and close attractive merger transactions. The management team's track record and reputation can also attract high-quality target companies and investors. The timeline for this growth opportunity is ongoing, as the management team continues to execute its strategy.
- Optimizing Deal Structure: KIII can create value by structuring merger transactions that are favorable to both the SPAC shareholders and the target company. This includes negotiating attractive valuation terms, structuring earn-out provisions, and securing financing for the transaction. By optimizing the deal structure, KIII can increase the likelihood of a successful merger and enhance the long-term performance of the combined company. The timeline for this growth opportunity is deal-specific, as each transaction requires a tailored approach.
- Post-Merger Value Creation: Following a successful merger, KIII can focus on creating value through operational improvements, strategic initiatives, and synergistic opportunities. This includes integrating the target company's operations, expanding its market reach, and developing new products and services. By focusing on post-merger value creation, KIII can enhance the long-term performance of the combined company and generate attractive returns for its shareholders. The timeline for this growth opportunity is long-term, as it requires sustained effort and execution.
What Opportunities Does KIII Have?
- Growing demand for alternative investment vehicles
- Increasing number of private companies seeking to go public
- Potential to capitalize on emerging trends and technologies
- Ability to create value through operational improvements post-merger
What Are KIII's Competitive Advantages?
- Management Team Expertise: KIII's management team's experience in deal-making and industry knowledge can provide a competitive advantage.
- Deal-Sourcing Network: A strong network of relationships can help KIII identify attractive target companies.
- Financial Resources: Access to capital through the IPO provides KIII with the resources to pursue merger opportunities.
What Does KIII Do?
Kismet Acquisition Three Corp. (KIII) was established in 2020 and is based in Newark, Delaware. As a special purpose acquisition company, or SPAC, KIII does not have any significant operational activities. Its primary objective is to identify and merge with a private company, enabling the target company to become publicly listed without undergoing the traditional IPO process. KIII aims to execute a share exchange, share reconstruction, amalgamation, or similar business combination with one or more businesses. The company's success hinges on its ability to identify a high-growth potential target and successfully negotiate a merger agreement. The company provides a vehicle for investors seeking exposure to emerging or disruptive businesses through a publicly traded entity. KIII's focus is on creating shareholder value through strategic acquisitions and business combinations. The leadership team is responsible for sourcing potential targets, conducting due diligence, and structuring the merger transaction. KIII represents an investment in the potential of a future business combination rather than an existing operating entity.
What Products and Services Does KIII Offer?
- Kismet Acquisition Three Corp. is a special purpose acquisition company (SPAC).
- The company's primary purpose is to identify and merge with a private company.
- KIII aims to facilitate the public listing of a target company without a traditional IPO.
- The company seeks to execute a share exchange, share reconstruction, or similar business combination.
- KIII's activities are focused on deal-sourcing, due diligence, and merger negotiations.
- The company provides a vehicle for investors seeking exposure to emerging or disruptive businesses.
How Does KIII Make Money?
- KIII raises capital through an initial public offering (IPO).
- The company uses the IPO proceeds to fund its search for a target company.
- KIII generates returns for its shareholders through the appreciation of the combined company's stock price after a successful merger.
- The company's sponsors typically receive a percentage of the combined company's equity as compensation for their efforts.
What Industry Does KIII Operate In?
Kismet Acquisition Three Corp. operates within the shell company industry, specifically as a SPAC. The SPAC market has experienced periods of heightened activity and increased scrutiny. These companies offer a faster route to public markets compared to traditional IPOs, attracting both private companies seeking capital and investors looking for growth opportunities. The competitive landscape includes numerous SPACs, each vying to identify and merge with attractive target companies. Market trends indicate a focus on sectors such as technology, healthcare, and renewable energy. Success in this industry depends on the sponsor's deal-making expertise and the quality of the target company.
Who Are KIII's Key Customers?
- KIII's primary customers are its shareholders, who invest in the company's IPO.
- The company also serves as a vehicle for private companies seeking to go public.
- Institutional investors, such as hedge funds and mutual funds, are key participants in the SPAC market.
Company Profile
Kismet Acquisition Three Corp. operates in the Shell Companies industry within the Financial Services sector. It is headquartered in Newark, US. The company is led by CEO Ivan Vladimirovich Tavrin. KIII has traded publicly since 2021.
Key Financial Metrics
Return on equity for Kismet Acquisition Three Corp. stands at 2.4%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 1.1%, showing how much profit it generates from its asset base. KIII trades at a trailing price-to-earnings ratio of 101.85, above the Financial Services sector average of ~18x. A current ratio of 0.33 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 1.0%, the inverse of the P/E and a quick read on earnings relative to price.
Financial Health
Kismet Acquisition Three Corp.'s Piotroski F-Score is 2/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 15.26 places it in the safe zone, indicating low near-term bankruptcy risk.
Insider Activity
The most recent 3 insider filings for Kismet Acquisition Three Corp. break down as 2 sales and 1 purchases. On net that is roughly 7.7M shares disposed (about $0), a signal worth weighing alongside the fundamentals.
KIII Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in KIII's future prospects, potentially signaling an undervalued opportunity.
- Community sentiment indicates growing optimism about KIII's acquisition target, fueling positive market perception.
- The market seems to be reacting favorably to KIII's strategic direction, with increased interest from institutional investors.
- Rumors circulating within the trading community suggest a potential merger announcement soon, driving speculative bullishness.
Bear Case
- Lack of concrete details regarding the acquisition target is creating uncertainty and hesitation among some investors.
- Negative chatter in social trading circles highlights concerns about the valuation of the potential acquisition.
- Some community members are expressing skepticism about the long-term viability of KIII's business model post-acquisition.
- Recent market volatility is making investors risk-averse, leading to a general pullback from SPACs like KIII.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
KIII Latest News
No recent news available for KIII.
Classification
Industry Shell CompaniesLeadership: Ivan Vladimirovich Tavrin
CEO
Ivan Tavrin is a prominent figure in the Russian media and telecommunications industry. He has a strong background in building and managing large-scale businesses. He founded and served as CEO of UTH Russia, a leading Russian media holding company. Tavrin also held leadership positions at MegaFon, one of Russia's largest mobile operators. His experience includes mergers and acquisitions, corporate strategy, and operational management.
Track Record: During his tenure at MegaFon, Tavrin oversaw significant growth and expansion of the company's services. He has a track record of successfully identifying and integrating acquisitions. His leadership is characterized by a focus on innovation and market leadership. He has been involved in numerous high-profile deals in the media and telecommunications sectors.
KIII Financial Services Stock FAQ
What happened to Kismet Acquisition Three Corp. (KIII) stock?
Kismet Acquisition Three Corp. (KIII) no longer trades on public markets. It was delisted in February 2023. The figures below are historical and are not a current quote.
Can I still buy KIII shares?
No. KIII stopped trading on public markets in February 2023, so the shares are not available through a broker. Anything you see quoted for KIII elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before KIII stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to Kismet Acquisition Three Corp.. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does Kismet Acquisition Three Corp. do?
Kismet Acquisition Three Corp. is a special purpose acquisition company (SPAC). It is essentially a blank check company formed to raise capital through an initial public offering (IPO) for the purpose of acquiring an existing operating company.
What do analysts say about KIII stock?
As of March 18, 2026, there is limited analyst coverage specifically for Kismet Acquisition Three Corp. (KIII) due to its nature as a SPAC. The stock's performance is largely tied to speculation about potential merger targets and the perceived value of those targets. Key valuation metrics are less relevant until a merger target is identified.
What are the main risks for KIII?
The primary risk for Kismet Acquisition Three Corp. is the failure to identify and merge with a suitable target company within the allotted timeframe, which would lead to liquidation and a return of capital to shareholders, potentially at a loss. Additional risks include increased regulatory scrutiny of SPACs, which could delay or impede merger transactions.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on publicly available sources and may be subject to change.
- The analysis is limited by the lack of specific financial data for KIII, as it is a shell company.
- The success of KIII depends on factors that are difficult to predict, such as the identification of a suitable merger target.