X0202 SCHEDULE 13G 0000024046 XXXXXXXX LIVE Units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant 07/07/2026 0002128045 Bleichroeder Acquisition Corp. III G1170M122 1345 AVENUE OF THE AMERICAS, 47TH FL NEW YORK NY 10105 Rule 13d-1(c) CONTINENTAL GENERAL INSURANCE CO TX 0.00 2997000.00 0.00 2997000.00 2997000.00 N 8.7 CO Continental Insurance Group, Ltd. DE 0.00 2997000.00 0.00 2997000.00 2997000.00 N 8.7 CO Continental General Holdings LLC MI 0.00 2997000.00 0.00 2997000.00 2997000.00 N 8.7 OO Gorzynski Michael X1 0.00 2997000.00 0.00 2997000.00 2997000.00 N 8.7 IN Bleichroeder Acquisition Corp. III 1345 AVENUE OF THE AMERICAS, 47TH FL,NEW YORK, NY 10105 The names of the persons filing this statement on Schedule 13G (collectively, the "Reporting Persons") are: Continental General Insurance Company ("CGIC"), Continental Insurance Group, Ltd. ("CIG"), Continental General Holdings LLC ("CGH"), and Michael Gorzynski ("Mr. Gorzynski"). The address of the principal office for Mr. Gorzynski is 595 Madison Avenue, 30th Floor, New York, NY 10022. The principal business address for each of CGIC, CIG and CGH is 11001 Lakeline Blvd., Ste. 120, Austin, TX 78717. CGH is a Michigan limited liability company. CIG is a Delaware corporation. CGIC is a Texas domiciled life and health insurance company. Mr. Gorzynski is a citizen of the United States and Poland. Y As of the date hereof: (i) CGIC directly beneficially owned 2,997,000 Units (the "Units") (each consisting of one Class A ordinary share, par value $0.0001 per share (the "Class A Shares"), and one-fourth of one redeemable warrant of the Issuer (the "Warrants"), with each whole Warrant entitling the holder thereof to purchase one Class A Share for $11.50 per Class A Share). The Warrants will become exercisable 30 days after the completion of the Issuer's initial business combination ("Initial Business Combination") and will expire five years after the completion of the Initial Business Combination, or earlier upon redemption of the Warrants or liquidation of the Issuer. Accordingly, each Unit has been reported herein as representing the beneficial ownership of one Class A Share. (ii) As the sole owner of CGIC, CIG may be deemed to beneficially own the 2,997,000 Units beneficially owned by CGIC. (iii) As the sole owner of CIG, CGH may be deemed to beneficially own the 2,997,000 Units beneficially owned by CGIC. (iv) As Manager of CGH, Mr. Gorzynski may be deemed to beneficially own the 2,997,000 Units beneficially owned by CGIC. The following percentages are based on 34,500,000 Units outstanding as of July 8, 2026, which is the total number of Units outstanding following the closing of the Issuer's Initial Public Offering (including the underwriters' full exercise of an option to purchase up to an additional 4,500,000 Units) as disclosed in the Issuer's Current Report on Form 8-K filed with the Securities and Exchange Commission on July 8, 2026. As of the date hereof: (i) CGIC may be deemed to own approximately 8.7% of the outstanding Units; (ii) CIG may be deemed to beneficially own approximately 8.7% of the outstanding Units; (iii) CGH may be deemed to beneficially own approximately 8.7% of the outstanding Units; and (iv) Mr. Gorzynski may be deemed to beneficially own approximately 8.7% of the outstanding Units. See Cover Pages Items 5-9. See Cover Pages Items 5-9. See Cover Pages Items 5-9. See Cover Pages Items 5-9. Y Y Y N See Exhibit 99.1. Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. 99.1 - Joint Filing Agreement, dated July 14, 2026. CONTINENTAL GENERAL INSURANCE CO /s/ Michael Gorzynski 07/14/2026 Continental Insurance Group, Ltd. /s/ Michael Gorzynski 07/14/2026 Continental General Holdings LLC /s/ Michael Gorzynski 07/14/2026 Gorzynski Michael /s/ Michael Gorzynski 07/14/2026