ITHAX Acquisition Corp III is a blank check company incorporated on July 3, 2025 as a Cayman Islands exempted company. It was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination. It targets businesses with enterprise values exceeding $500 million in asset management, leisure, hospitality, catering, travel, entertainment, gaming, lifestyle, and related services sectors, driven by AI and digital assets, with presence in the United States, Latin America, and European markets.