Capitol Acquisition Corp. III (Nasdaq: CLAC) was a blank-check company formed in 2015 and sponsored by Capitol Acquisition Management 3, LLC, a vehicle associated with chairman Mark Ein and director Lawrence Benenson. The SPAC targeted acquisition opportunities in the financial services and technology sectors. The 10-Q filed May 13, 2016 reflects the company's operational period while it was actively searching for a business combination target. Capitol Acquisition Corp. III subsequently announced and completed a merger with Cision Ltd., a global public relations software and data company, which began trading on the New York Stock Exchange in 2017. Sign up at SpacDesk for full filing history, deal timelines, and sponsor analytics on CLAC and thousands of other SPACs.