Stellar Acquisition III Inc. Information

Stellar is a blank check company, also commonly referred to as a Special Purpose Acquisition Company, or SPAC, formed for the purpose of effecting a merger, asset acquisition or other business combination with one or more businesses or entities. Stellar’s units, shares of common stock and warrants are currently listed on the Nasdaq Capital Market under the symbols “STLRU,” “STLR” and “STLRW, respectively. On February 28, 2018, Stellar announced it had entered into definitive agreements to combine with Phunware, Inc. (“Phunware”) and enter the mobile cloud software and blockchain sectors. Phunware’s investor base includes several prominent strategic investors/partners and has a large and diversified customer base including numerous Fortune 5000 companies. For further information about the Company’s merger agreement with Phunware, please refer to Stellar’s SEC filings.