Completed · 14 Feb 2022ROCRU · NasdaqCIK 1839412Sponsor at IPO: not named in the prospectus

Roth CH Acquisition III Co

Now QualTek Services Inc. · Name history

$115MTrust raised at IPO · 1% of public shares left after its last counted vote

Merged with QualTek Services Inc. (QTEK) · Real estate

IPO2 Mar 2021
Searching24 months
Deal announcedAgreement signed
Closed14 Feb 2022

Tavia Read What stands out, from the filings · snapshot 14

01
Smaller than 92% of 2021’s SPAC IPOs.
$115M raised, against a median of $239M for the 610 SPACs that priced in 2021.
02
99% of public shares redeemed across 1 vote.
The merger vote, counted from the SPAC’s 8-Ks. 1% of the public shares remained after the last one.
03
Closed its merger 11 months after its IPO.
The combined company is QualTek Services Inc. (QTEK). Sector: Real estate.

Worked out from checked figures in snapshot 14 · no forecasts or advice

Key terms

Other 2021 SPAC IPOs →

IPO priced: 2 Mar 2021
IPO closed: 5 Mar 2021
Raised: $115M¹
Units sold: 11,500,000²
Trust raised: $115M³
Trust per unit: $10.00⁴
Unit: 1 sh + ¼ warrant⁵
Months to complete: 24⁶
Deadline before extensions: 5 Mar 2023
Over-allotment: Exercised in full

Each unit: “one share of common stock and one-quarter of one redeemable warrant”

Name history

The same company under every name it has filed with the SEC, tracked by its CIK, 1839412. This page keeps its IPO name; the others lead here.

Roth CH Acquisition III CoAt IPO11 Jan 2021 – 14 Feb 2022
QualTek Services Inc.Now14 Feb 2022 – today

Dates are those EDGAR records for each name, as of 16 October 2026. A name change follows a shareholder vote or a merger’s closing, and is reported in an 8-K.

How it compares

Roth CH Acquisition III Co against the 610 SPACs that priced in 2021.

Raised: $115M; 87% of 2021 SPACs are above it; 2021 median: $239M
Trust per unit: $10.00; 63% of 2021 SPACs match it; 2021 median: $10.00
Months to complete: 24; 56% of 2021 SPACs match it; 2021 median: 24
Redeemed across its votes: 99%; 79% of 2021 SPACs are below it; 2021 median: 94%

Trust and redemptions

Merger vote · 14 Feb 202211,400,000 of 11,500,000 redeemed (99%)

Public shares before each vote and the shares redeemed, as its 8-Ks (or the next 10-Q or 10-K) state them. Only votes whose redemptions were paid count.

Firms named in the prospectus

Bookrunners

Craig-Hallum Capital Group LLC
Roth Capital Partners, LLC

Other SPACs from Roth CH

Roth CH’s track record →

Roth CH has brought 5 SPACs to market since 1 January 2019, $537M in all: 5 completed. 5 of the 5 that reached an end completed a merger.

SPAC	IPO	Raised	Status	Outcome	Months
Roth CH Acquisition V Co.	30 Nov 2021	$115M	Completed	NEW ERA HELIUM INC. (NEHC)	36
Roth CH Acquisition IV Co.	5 Aug 2021	$115M	Completed	Tigo Energy, Inc. (TYGO)	22
Roth CH Acquisition III Co This SPAC	2 Mar 2021	$115M	Completed	QualTek Services Inc. (QTEK)	11
Roth CH Acquisition II CoIPO before 2021	10 Dec 2020	$115M	Completed	Reservoir Media, Inc. (RSVR)	8
Roth CH Acquisition I CoIPO before 2021	4 May 2020	$76.5M	Completed	PureCycle Technologies, Inc. (PCT)	10

Months: from the IPO to the merger’s closing or the liquidation. SPACs are grouped by sponsor when their names, or their sponsor entities, match once the legal form and series numeral are taken off.

Peers

Other 2021 SPAC IPOs with Craig-Hallum Capital Group LLC as bookrunner.

SPAC	IPO	Raised	Unit	Status
Roth CH Acquisition V Co.	30 Nov 2021	$115M	1 sh + ½ warrant	Completed
Sportsmap Tech Acquisition Corp.	18 Oct 2021	$115M	1 sh + 1 warrant	Completed
Roth CH Acquisition IV Co.	5 Aug 2021	$115M	1 sh + ½ warrant	Completed
Chavant Capital Acquisition Corp.	19 Jul 2021	$80M	1 sh + 1 warrant	Completed
Lakeshore Acquisition I Corp.	10 Jun 2021	$54.7M	1 sh + 1 warrant	Completed

Sources

PFinal prospectus: 0001104659-21-032204
1Gross proceeds: 0001104659-21-033151The Units were sold at an offering price of $10.00 per Unit, generating gross proceeds of $115,000,000.
2Units sold: 0001104659-21-033151On March 5, 2021, the Company consummated the IPO of 11,500,000 units (the “Units”), including 1,500,000 issued upon the exercise in full by the underwriters of the over-allotment option.
3Trust raised: 0001104659-21-033151As of March 5, 2021, a total of $115,000,000 of the net proceeds from the IPO and the Private Placement (as defined below) were deposited in a trust account
4Trust per unit: 0001104659-21-032204Upon consummation of the offering, $10.00 per unit sold to the public in this offering (whether or not the over-allotment option has been exercised in full or part) will be deposited into a United States-based trust account
5Unit composition: 0001104659-21-03220410,000,000 units, at $10.00 per unit, each unit consisting of one share of common stock and one-quarter of one redeemable warrant.
6Months to complete: 0001104659-21-032204We have 24 months from the closing of this offering to consummate our initial business combination.

Each quote is found word for word in the filing it cites. Where a figure here differs from the filing, the filing prevails.

How the figures are compiled

Which IPOs. Every final IPO prospectus (Form 424B4 or 424B1, or a 424B3 when it is the first prospectus filed on an S-1 or F-1 registration within 10 days of it going effective) filed on SEC EDGAR from the history start, by a registrant whose SIC code was 6770 (blank checks) on the filing date. Offerings that are not exchange-listed SPAC IPOs are excluded when the prospectus is read. The window starts on 1 January 2021.
Dated by. The date of the final prospectus.
Raised. Units sold to the public, including over-allotment units, times the unit price, as stated in the SPAC's 8-K reports after the IPO.
Trust. The trust held for public shareholders after the IPO and any over-allotment: trust per unit times public units, as stated in the SPAC's filings. Cash deposited in trust and then moved out as working capital is not counted.
Bookrunners. Firms the prospectus names as book-running managers; where it names none, the firm it names as sole underwriter or representative of the underwriters. Only the prospectus's own wording counts, not later 8-K reports. Each IPO's gross proceeds are split equally among its bookrunners.
Counsel and auditors. Issuer counsel and underwriters' counsel as named in the prospectus's Legal Matters section; the auditor as named in its Experts section. Each is credited with the IPO's full gross proceeds.
Unit structure. What one unit consists of, as the prospectus states it: a share with warrants, with rights, with both, or a share alone (shares-only offerings sell no units). Warrants per unit is the fraction of a warrant in each unit; rights are measured as the fraction of a share they convert into per unit.
Trust per unit. Dollars placed in the trust account for each unit sold to the public, as the prospectus states it.
Time to complete. Months from the IPO closing that the SPAC has to complete its business combination before any extension, as the prospectus states it.
Over-allotment. Whether the underwriters bought all, part or none of the over-allotment option, comparing units sold with the base offering and the option.
Votes. Shareholder votes to extend a SPAC's deadline or to approve its business combination, as reported in its 8-Ks (Item 5.07), for the SPACs in the IPO statistics only: SPACs that priced before the history start are not included, so votes in the first years under-represent the market. Only redemptions actually paid count: votes on a proposal that failed, or an extension that was approved but never took effect, are left out (redemption requests lapse with them), and a merger vote counts only when the deal closed, and only the last merger vote before the closing, since merger redemptions are paid at closing. Liquidation votes are left out too, as every public share is redeemed by definition.
Redemption rate. Public shares redeemed at a vote over public shares outstanding just before it. Shares redeemed are as an 8-K, or failing that the next 10-Q or 10-K, states them. Shares before are as a filing states them, or redeemed plus the shares left after, or carried from the IPO's public shares and earlier votes. The median is the typical vote; the weighted rate divides all shares redeemed by all shares before, the share of public money that left the trusts. A vote counts only when each of these figures is verified or accepted. Votes whose redemption count no filing states, after a search of the SPAC's and the combined company's filings, are counted as not disclosed rather than estimated.
Outcomes. Where each SPAC stands as of the snapshot: completed (business combination closed), liquidated (trust returned and redeemed), deal pending (agreement signed, not closed) or searching (no agreement in force). Grouped by the year the SPAC priced its IPO. Awaiting review means its status is still being checked.
Closings. Completed business combinations by year of closing. The sector is the SEC's industry code (SIC) of the combined company, grouped into broad sectors; months from IPO run from the prospectus date to the closing.
Checking. A SPAC counts only when every required figure is verified (quote found verbatim in the filing and all cross-checks pass) or accepted by a named reviewer.
Coverage. 1,077 of the 1,089 SPAC IPOs read are counted; 12 wait on a figure still under review and 11 filings were excluded as not exchange-listed SPAC IPOs.

Compiled from SEC filings with the assistance of AI · figures as of 3 November 2026

For information only. These figures are compiled from SEC filings with the assistance of AI. Although they are checked against those filings, they may contain errors or omissions and have not been audited; where they differ from the filings, the filings prevail. They are not an offer to sell, a solicitation of an offer to buy, or a recommendation of any security. Information about any SPAC is qualified in its entirety by its filings with the SEC, available at www.sec.gov.

Smaller than 92% of 2021’s SPAC IPOs.

99% of public shares redeemed across 1 vote.

Closed its merger 11 months after its IPO.