NASDAQ:ITHA

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ITHAX Acquisition trades just under $10; $232 million trust seen as key factor

ITHAX Acquisition Corp III’s Class A shares closed unchanged at $9.97 Friday, trading in a narrow $9.94–$9.97 range. The pre-deal SPAC holds about $306 million in trust and reported $1.96 million in quarterly interest income. The company has 23 million Class A shares subject to redemption at $10.10 each. Two peer SPAC IPOs launched the same day.

May 22, 2026

Fast-Growing ASX Restaurant Stock Regains Investor Attention
May 29, 2026, 10:08 PM EDT. The fast-growing ASX-listed restaurant stock is back in focus for investors amid renewed interest in its expansion strategy and financial performance. The company has demonstrated strong growth potential driven by increasing customer demand and strategic initiatives aimed at market penetration. Despite the recent uptick in attention, Kalkine Media stresses that this content is for informational purposes only and does not constitute financial advice or a recommendation to buy or sell. Investors are advised to conduct their own research and consult financial professionals before making decisions. The renewed interest highlights the dynamic nature of the foodservice sector on the ASX and its potential impact on market valuations.