FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Syllantavos George
 2. Date of Event Requiring Statement (Month/Day/Year)
08/18/2016		 3. Issuer Name and Ticker or Trading Symbol
Stellar Acquisition III Inc. [STLRU]
(Last)
(First)
(Middle)
90 KIFISSIAS AVENUE, MAROUSSI		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Co-CEO, CFO and Secretary
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

ATHENS, F4 15125		 6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock, par value $0.0001 480,044
I
See Foonote (1)
Common Stock, par value $0.0001 498,465
I
See Foonote (2)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Syllantavos George
90 KIFISSIAS AVENUE, MAROUSSI
ATHENS, F4 15125		   X   X   Co-CEO, CFO and Secretary  
Magellan Investments Corp
90 KIFISSIAS AVENUE, MAROUSSI
ATHENS, F4 15125		       Shareholder
Firmus Investments Inc
90 KIFISSIAS AVENUE, MAROUSSI
ATHENS, F4 15125		       Shareholder

Signatures

/s/ George Sylantavos 08/18/2016
**Signature of Reporting Person Date
/s/ George Sylantavos Authorized Person, Magellan Investments Corp. 08/18/2016
**Signature of Reporting Person Date
/s/ George Sylantavos Authorized Person, Firmus Investments Inc. 08/18/2016
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) These shares represent the founder shares held by Magellan Investments Corp. George Sylantavos is the sole officer and director of Magellan Investment Corp. These shares include an aggregate of up to 62,216 shares that are subject to forfeiture to the extent that the underwriters do not exercise their overallotment option in full, in connection with the registrant's initial public offering.
(2) These shares represent the founder shares held by Firmus Investments Inc. George Sylantavos is the sole officer and director of Firmus Investments Inc. These shares include an aggregate of up to 64,766 shares that are subject to forfeiture to the extent that the underwriters do not exercise their overallotment option in full, in connection with the registrant's initial public offering.

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