10X Capital Venture Acquisition Corp. III announced that it has received $11.53 million in funding from 10X Capital SPAC Sponsor III LLC, and another investor

On January 11, 2022, 10X Capital Venture Acquisition Corp. III closed the transaction. The company announced that it has entered into an agreement with the investor.

The company issued 1,153,000 units for gross proceeds of $11,530,000. The issuance of the Private Placement Units was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended. In the Private Placement, the Sponsor purchased 881,000 Private Placement Units and Cantor Fitzgerald & Co.

purchased 272,000 Private Placement Units on behalf of certain investors.