Supernova Partners Acquisition Company III, Ltd. will Redeem its Public Shares and will Not Consummate an Initial Business Combination

WASHINGTON, March 6, 2023 /PRNewswire/ -- Supernova Partners Acquisition Company III, Ltd. (the "Company") (NYSE: STRE, STRE.U, STRE WS), a special purpose acquisition company, today announced that it will redeem all of its outstanding Class A ordinary shares, par value $0.0001 (the "public shares"), effective as of the close of business on March 27, 2023, because the Company will not consummate an initial business combination within the time period required by its Amended and Restated Memorandum and Articles of Association.

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