Distinct shells carrying a filed role for this person — not every shell they have ever touched.
SEC-verified vehicles of the same sponsor, predating these roles and carrying none of them. The badge counts them; the figure beside this one does not.
Mergers closed across all 4 — these vehicles and the franchise's earlier ones together.
Announced but not closed, and still hunting — again over all 4.
No closed vehicle here has both a stored price and a filed trust value to score it against.
3 vehicles on file, newest listing first
5 of 7 appear on more than one · 1 vehicle carry no counterparty filing we have read
3 people on two or more of them
Stephen P. Herbert is the Founder, Chairman, and Chief Executive Officer of Armada Acquisition Corp. III (NASDAQ: AACI), a special purpose acquisition company (SPAC) targeting businesses in the fintech, SaaS, and artificial intelligence sectors. Based in Philadelphia, Pennsylvania, Herbert leads the sponsor team alongside President, Chief Financial Officer, and Secretary Douglas M. Lurio. Under his leadership, Armada Acquisition Corp. III priced its $225 million IPO (with total proceeds of $248.50 million) on February 18, 2026, with Cohen & Company Capital Markets acting as lead book-runner and Northland Capital Markets as joint book-runner. The SPAC features an 18-month tenor and holds 100% of its IPO cash in trust, with a global geographic focus for its acquisition search. The board of directors for Armada III includes Mohammad A. Khan, Thomas A. Decker, and Celso L. White.
Throughout his career, Herbert has established himself as a seasoned executive and board member with deep expertise in AI, fintech, SaaS, and IoT. He previously served as the Chief Executive Officer of USA Technologies, a fintech company that has since been renamed Cantaloupe (Nasdaq: CTLP). His professional partnership with Douglas M. Lurio spans over 25 years in the fintech space, dating back to 1996 and continuing through 2019. Herbert has also spearheaded multiple SPAC vehicles, having founded and served as Chairman, CEO, and Board Member for Armada Acquisition Corp. I, II, and III.
Herbert is an alumnus of Louisiana State University. His track record reflects a consistent focus on identifying and scaling innovative technology and financial services companies, leveraging his decades of executive leadership to guide strategic direction and corporate growth across both public and private markets.
This record is keyed to SEC CIK 0001202182 — the identifier this person files under in their own name. Every vehicle above is a filing made under that CIK, so “the same person on two shells” is a fact about an SEC identifier rather than about a name that happens to match.
Roles are the strings the filings used, in the order they were filed. Nothing on this page ranks them, infers seniority, or offers a reason why any two of these names recur — a recurrence is a count, and the filings that produced it are linked beside every row. We also hold 88 institutional-holder rows on these vehicles, under 49 distinct name strings, and none of them is counted across vehicles: that table has no CIK column, and matching holders by name would merge firms that are not the same firm.