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    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueOfFinancialInstrumentsPolicy_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value of Financial Instruments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueOfFinancialInstrumentsPolicy_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value of Financial Instruments, Policy [Policy Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquityTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of temporary equity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquityTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Temporary Equity [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantOrRightNumberOfWarrantsOrRightsIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Warrants issued</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantOrRightNumberOfWarrantsOrRightsIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class Of Warrant Or Right, Number Of Warrants or Rights Issued</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantOrRightNumberOfWarrantsOrRightsIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of warrants or rights issued during the period.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of key metrics included in net income or loss and total assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Segment Reporting Information, by Segment [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueDisclosuresAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Measurements [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_CashUnderwritingFee_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash underwriting fees</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_CashUnderwritingFee_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Underwriting Fee</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_CashUnderwritingFee_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of cash underwriting fees incurred during the period.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ExtendedPeriodToCompleteInitialBusinessCombinationAfterInitialPublicOffering_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Extended period to complete the business combination</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ExtendedPeriodToCompleteInitialBusinessCombinationAfterInitialPublicOffering_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Extended Period To Complete The Initial Business Combination After Initial Public Offering</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ExtendedPeriodToCompleteInitialBusinessCombinationAfterInitialPublicOffering_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Extended period to complete the initial business combination after initial public offering,  in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_MaximumInterestEarnedFromTrustAccountUsedForDissolution_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Dissolution expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_MaximumInterestEarnedFromTrustAccountUsedForDissolution_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Maximum Interest Earned From Trust Account Used For Dissolution</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_MaximumInterestEarnedFromTrustAccountUsedForDissolution_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Maximum amount of interest earned from trust account used for dissolution expense.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountingPoliciesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Summary of Significant Accounting Policies [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_CashHeldInTrustAccountPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash Held in Trust Account</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_CashHeldInTrustAccountPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Held in Trust Account Policy [Policy Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_CashHeldInTrustAccountPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Disclosure of accounting policy for cash held in trust account.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UseOfEstimates_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Use of Estimates</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UseOfEstimates_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Use of Estimates, Policy [Policy Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_CommonStockSubjectedToPossibleRedemptionPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class A Ordinary Shares Subject to Possible Redemption</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_CommonStockSubjectedToPossibleRedemptionPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock Subjected to Possible Redemption Policy [Policy Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_CommonStockSubjectedToPossibleRedemptionPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Disclosure of accounting policy for common stock subject to possible redemption.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_GoingConcernPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Going Concern</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_GoingConcernPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Going Concern Policy [Policy Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_GoingConcernPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Disclosure of accounting policy for going concern.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash and Cash Equivalents</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash and Cash Equivalents, Policy [Policy Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerSharePolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net Income per Ordinary Share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerSharePolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share, Policy [Policy Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_WarrantsInstrumentsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Warrant Instruments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_WarrantsInstrumentsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Warrants Instruments [Policy Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_WarrantsInstrumentsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Disclosure of accounting policy for warrant instruments.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_NotesPayableToSponsorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Promissory note from sponsor</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_NotesPayableToSponsorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Notes Payable To Sponsor [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_NotesPayableToSponsorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to notes payable to sponsor.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related and Nonrelated Parties [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Diluted net income per ordinary share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Diluted net income per ordinary shares (in dollars per share)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share, Diluted</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_InitialPublicOfferingAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Initial Public Offering [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_InitialPublicOfferingAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">N/A.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsidiarySaleOfStockAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sale of Stock [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_StockIssuedDuringPeriodUnitsNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of units issued</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_StockIssuedDuringPeriodUnitsNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Units, New Issues</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_StockIssuedDuringPeriodUnitsNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of new units issued during the period.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOrSaleOfEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gross proceeds from issuance of units</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOrSaleOfEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Issuance or Sale of Equity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_NumberOfWarrantsPerUnit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of warrants in a unit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_NumberOfWarrantsPerUnit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Warrants Per Unit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_NumberOfWarrantsPerUnit_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of warrants in a unit.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Exercise price per warrant</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Warrant or Right, Exercise Price of Warrants or Rights</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdNumberOfDaysToExerciseWarrantsFromCompletionOfInitialBusinessCombination_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Threshold days to exercise warrants</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdNumberOfDaysToExerciseWarrantsFromCompletionOfInitialBusinessCombination_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Threshold Number Of Days To Exercise Warrants From Completion Of Initial Business Combination</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdNumberOfDaysToExerciseWarrantsFromCompletionOfInitialBusinessCombination_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Threshold number of days to exercise warrants from completion of business combination.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementClassOfStockAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Stock [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_CommonClassaSubjectToPossibleRedemptionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class A ordinary shares subject to possible redemption</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_CommonClassaSubjectToPossibleRedemptionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Class A Subject To Possible Redemption [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_CommonClassaSubjectToPossibleRedemptionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to Common Class A shares subject to possible redemption.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShortTermBorrowings_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Short term debt outstanding amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShortTermBorrowings_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Short-Term Debt</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrecognizedTaxBenefits_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Unrecognized tax benefits</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrecognizedTaxBenefits_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unrecognized Tax Benefits</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Basic weighted average shares outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Basic weighted average shares outstanding (in shares)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted Average Number of Shares Outstanding, Basic</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareBasicLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net income per ordinary shar</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareBasicLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasicAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Numerator:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasicAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income (Loss) Available to Common Stockholders, Basic [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasicAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Denominator:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasicAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted Average Number of Shares Outstanding, Basic [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related party</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Antidilutive Securities [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Allocation of net income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income (Loss) Available to Common Stockholders, Basic</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Basic net income per ordinary share (in dollars per share)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share, Basic</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersDilutedAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Numerator:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersDilutedAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income (Loss) Available to Common Stockholders, Diluted [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Denominator:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted Average Number of Shares Outstanding, Diluted [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_PublicWarrantsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Public warrants</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_PublicWarrantsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Public Warrants [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_PublicWarrantsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to public warrants.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfStockDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Stock [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_RedemptionOfSharesThresholdPercentageOfRedemption_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Redemption percentage</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_RedemptionOfSharesThresholdPercentageOfRedemption_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Redemption Of Shares, Threshold Percentage Of Redemption</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_RedemptionOfSharesThresholdPercentageOfRedemption_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Threshold percentage of outstanding shares that can be redeemed.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_SignificantAccountingPolicyTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Significant Accounting Policy [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_SignificantAccountingPolicyTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Disclosure of information about significant accounting policy.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Name [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_WorkingCapitalLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Working capital loans</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_WorkingCapitalLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Working Capital Loans [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_WorkingCapitalLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to working capital loans.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Diluted weighted average shares outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Diluted weighted average shares outstanding (in shares)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted Average Number of Shares Outstanding, Diluted</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsidiaryOrEquityMethodInvesteeSaleOfStockBySubsidiaryOrEquityInvesteeTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsidiary or Equity Method Investee, Sale of Stock, Type [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_MaximumPeriodToRedeemPublicSharesIfInitialBusinessCombinationNotCompleted_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maximum period to redeem the shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_MaximumPeriodToRedeemPublicSharesIfInitialBusinessCombinationNotCompleted_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Maximum Period To Redeem Public Shares If Initial Business Combination Not Completed</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_MaximumPeriodToRedeemPublicSharesIfInitialBusinessCombinationNotCompleted_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Maximum period after the end of the completion window during which the company has to redeem public shares if it fails to complete a business combination.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThirdPartyClaimsLiabilityPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Claims by third party, liability floor rate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThirdPartyClaimsLiabilityPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Third Party Claims, Liability Per Share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThirdPartyClaimsLiabilityPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The per-share liability amount if the Trust Account at liquidation is less than $10.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsidiarySaleOfStockLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsidiarySaleOfStockLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">PRIVATE PLACEMENTS</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsidiarySaleOfStockLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsidiary, Sale of Stock [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharesIssuedPricePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Price per unit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharesIssuedPricePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Offering price per unit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharesIssuedPricePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Shares Issued, Price Per Share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_NumberOfSharesPerUnit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of shares in unit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_NumberOfSharesPerUnit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Shares Per Unit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_NumberOfSharesPerUnit_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of shares in a unit.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of shares issued per warrant</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Warrant or Right, Number of Securities Called by Each Warrant or Right</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantsOrRightsNumberOfFractionalWarrantsIssuedUponSeparationOfUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of fractional warrants issued upon separation of units</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantsOrRightsNumberOfFractionalWarrantsIssuedUponSeparationOfUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class Of Warrants Or Rights, Number Of Fractional Warrants Issued Upon Separation Of Units</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantsOrRightsNumberOfFractionalWarrantsIssuedUponSeparationOfUnits_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of fractional warrants issued upon separation of units.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SaleOfStockNameOfTransactionDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sale of Stock [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OverAllotmentOptionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Over allotment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OverAllotmentOptionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Over-Allotment Option [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceInitialPublicOffering_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gross proceeds</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceInitialPublicOffering_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Issuance Initial Public Offering</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ShareIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class A ordinary shares issuance cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ShareIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Issuance Costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ShareIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of issuance costs associated with the initial public offering.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquityCarryingAmountAttributableToParent_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Class A ordinary shares subject to possible redemption</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquityCarryingAmountAttributableToParent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class A ordinary shares subject to possible redemption, $0.0001 par value; 17,250,000 and 0 shares at redemption value of $10.17 and $0 per share as of June 30, 2026 and December 31, 2025, respectively</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquityCarryingAmountAttributableToParent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Temporary Equity, Carrying Amount, Attributable to Parent</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event Type [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfWarrantOrRightDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Warrant or Right [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonClassAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class A ordinary shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonClassAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Class A [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfWarrantOrRightAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Warrant or Right [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event Type [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent events</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_PrivatePlacementWarrantsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Private Placement Warrants [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_PrivatePlacementWarrantsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Private placement warrants</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_PrivatePlacementWarrantsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to private placement warrants.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentFaceAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Debt, face amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentFaceAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Face amount of debt</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentFaceAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Face Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsHeldInTrustNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash held in Trust Account</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsHeldInTrustNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Asset, Held-in-Trust, Noncurrent</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DebtInstrumentConvertibleIntoWarrantsMaximumAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maximum convertible amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DebtInstrumentConvertibleIntoWarrantsMaximumAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Convertible Into Warrants, Maximum Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DebtInstrumentConvertibleIntoWarrantsMaximumAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Maximum amount of debt that can be convertible to warrants.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WarrantMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Warrant [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Anti-dilutive shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfWarrantOrRightOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of warrants outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfWarrantOrRightOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Warrant or Right, Outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_NumberOfSharesSubjectToForfeiture_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of shares subject to forfeiture</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_NumberOfSharesSubjectToForfeiture_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Shares Subject To Forfeiture</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_NumberOfSharesSubjectToForfeiture_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of shares that may be surrendered to the extent to which the underwriters' over-allotment option is exercised.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfStockLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">SHAREHOLDERS' EQUITY</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfStockLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Stock [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ordinary shares, par value (in dollars per share)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Par or Stated Value Per Share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquitySharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Temporary Equity, Shares Issued</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfWarrantOrRightTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Warrant or Right [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statistical Measurement [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantsOrRightsWarrantsExercisableTermPostBusinessCombination_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Exercisable term</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantsOrRightsWarrantsExercisableTermPostBusinessCombination_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class Of Warrants Or Rights, Warrants Exercisable Term Post Business Combination</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantsOrRightsWarrantsExercisableTermPostBusinessCombination_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Period over which the warrants becomes exercisable post business combination expressed in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantOrRightExercisableForCashOrCashlessBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Number of warrants or rights exercisable for cash</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantOrRightExercisableForCashOrCashlessBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Warrant or Right, Exercisable For Cash Or Cashless Basis</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantOrRightExercisableForCashOrCashlessBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The number of warrants or rights exercisable for cash or cashless basis.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdBusinessDaysForMakingRegistrationStatementEffective_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Threshold business days for making the registration statement effective</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdBusinessDaysForMakingRegistrationStatementEffective_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Threshold Business Days For Making Registration Statement Effective</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdBusinessDaysForMakingRegistrationStatementEffective_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The threshold number of business days for making the registration statement effective within number of days of initial business combination.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantsOrRightsRedemptionPricePerWarrant_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Redemption price per warrant</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantsOrRightsRedemptionPricePerWarrant_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class Of Warrants OR Rights, Redemption Price Per Warrant</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantsOrRightsRedemptionPricePerWarrant_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Redemption price per warrant.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantsOrRightsRedemptionsThresholdTradingDays_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Threshold trading days</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantsOrRightsRedemptionsThresholdTradingDays_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class Of Warrants Or Rights, Redemptions, Threshold Trading Days</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantsOrRightsRedemptionsThresholdTradingDays_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Threshold number of specified trading days that common stock price to redemption price of warrant must exceed threshold percentage within a specified consecutive trading period to trigger redemption feature.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantOrRightFairValueVolumeWeightedAveragePricePerShareTradingDaysPriorToWrittenNoticeForExercise_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Trading day prior to the date on which the notice of exercise is received</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantOrRightFairValueVolumeWeightedAveragePricePerShareTradingDaysPriorToWrittenNoticeForExercise_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class Of Warrant Or Right, Fair Value ,Volume Weighted Average Price Per Share, Trading Days Prior To Written Notice For Exercise</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantOrRightFairValueVolumeWeightedAveragePricePerShareTradingDaysPriorToWrittenNoticeForExercise_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The number of trading days prior to the date on which the written notice for exercise is received by the warrant agent considered for volume weighted average price of per share.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Segment Reporting Information, by Segment [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Segments [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">RELATED PARTIES</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentConvertibleConversionPrice1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt conversion price per share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtInstrumentConvertibleConversionPrice1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Instrument, Convertible, Conversion Price</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfSubsidiaryOrEquityMethodInvesteeTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsidiary or Equity Method Investee, Sale of Stock [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DemandRegistrationRightsTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Term of demand registration rights</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DemandRegistrationRightsTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Demand Registration Rights, Term</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DemandRegistrationRightsTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Term of demand registration rights, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related Party Transaction [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statistical Measurement [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MaximumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maximum</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MaximumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Maximum [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtConversionOriginalDebtAmount1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Debt conversion into warrants</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DebtConversionOriginalDebtAmount1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Debt Conversion, Original Debt, Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Outstanding loan amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commitments and Contingencies [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Parties [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related Party Transaction [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_FounderShareMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Founder Shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_FounderShareMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Founder Share [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_FounderShareMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to founder share.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related and Nonrelated Parties [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_CounterpartyNameAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Counterparty Name [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_UnderwritersMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Underwriter</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_UnderwritersMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Underwriters [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_UnderwritersMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to underwriter.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfPrivatePlacement_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gross proceeds from issuance of warrants</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfPrivatePlacement_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Proceeds from sale of Private Placement Warrants</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromIssuanceOfPrivatePlacement_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Issuance of Private Placement</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_PercentageOfIssuedAndOutstandingSharesAfterInitialPublicOfferingHeldByStockholders_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ownership percentage</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_PercentageOfIssuedAndOutstandingSharesAfterInitialPublicOfferingHeldByStockholders_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage Of Issued And Outstanding Shares After Initial Public Offering Held By Stockholders</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_PercentageOfIssuedAndOutstandingSharesAfterInitialPublicOfferingHeldByStockholders_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of issued and outstanding shares after initial public offering held by the stockholders.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_NumberOfSharesTransferredToAffiliates_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of shares transferred</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_NumberOfSharesTransferredToAffiliates_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Shares Transferred To Affiliates</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_NumberOfSharesTransferredToAffiliates_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of shares transferred to affiliates.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdPeriodToTransferSharesAfterCompletionOfInitialBusinessCombination_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Threshold period to transfer shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdPeriodToTransferSharesAfterCompletionOfInitialBusinessCombination_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Threshold Period To Transfer Shares After Completion Of Initial Business Combination</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdPeriodToTransferSharesAfterCompletionOfInitialBusinessCombination_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Threshold period to transfer the shares after the initial business combination.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdTradingDaysForStockPriceTarget_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Threshold trading days</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdTradingDaysForStockPriceTarget_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Threshold Trading Days For Stock Price Target</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdTradingDaysForStockPriceTarget_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Threshold trading days the stock price must be at or above the trigger price within a set time frame.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WarrantsAndRightsOutstandingTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Warrant term</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WarrantsAndRightsOutstandingTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Warrants and Rights Outstanding, Term</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonClassBMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class B ordinary shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonClassBMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Class B [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_SponsorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sponsor</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_SponsorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sponsor [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_SponsorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to sponsor, a related party.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccruedLiabilitiesCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accrued expenses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccruedLiabilitiesCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accrued Liabilities, Current</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ordinary shares, shares issued</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Shares, Issued</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_RelatedPartyTransactionMonthlyAdministrativeExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Monthly expenses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_RelatedPartyTransactionMonthlyAdministrativeExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction, Monthly Administrative Expenses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_RelatedPartyTransactionMonthlyAdministrativeExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of monthly administrative expenses agreed under the related party transaction.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MinimumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minimum</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MinimumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Minimum [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdPeriodAfterInitialBusinessCombinationBeforeStockPriceConditionToTransferShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Waiting period for transfer of shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdPeriodAfterInitialBusinessCombinationBeforeStockPriceConditionToTransferShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Threshold Period After Initial Business Combination Before Stock Price Condition To Transfer Shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdPeriodAfterInitialBusinessCombinationBeforeStockPriceConditionToTransferShares_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Threshold period after the completion of the initial business combination before the stock price condition to transfer the shares.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_RelatedPartyUnsecuredPromissoryNoteMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Promissory note</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_RelatedPartyUnsecuredPromissoryNoteMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party, Unsecured Promissory Note [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_RelatedPartyUnsecuredPromissoryNoteMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to related party unsecured promissory note.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesPayableCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Promissory note - related party</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesPayableCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Notes Payable, Current</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PrivatePlacementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Private placement</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PrivatePlacementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Private Placement [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_MeasurementInputExpectedTermOfDeSpacMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Expected term to de-SPAC (years)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_MeasurementInputExpectedTermOfDeSpacMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Measurement Input, Expected Term of De-SPAC [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_MeasurementInputExpectedTermOfDeSpacMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to expected term for De-SPAC.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_MeasurementInputProbabilityOfDeSpacAndMarketAdjustmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Probability of de-SPAC and market adjustment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_MeasurementInputProbabilityOfDeSpacAndMarketAdjustmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Measurement Input, Probability of De-SPAC And Market Adjustment [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_MeasurementInputProbabilityOfDeSpacAndMarketAdjustmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to probability of de-SPAC and market adjustment.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MeasurementInputPriceVolatilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Selected volatility</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MeasurementInputPriceVolatilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Measurement Input, Price Volatility [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WarrantsAndRightsOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair value of warrants</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WarrantsAndRightsOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Warrants and Rights Outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WarrantsAndRightsOutstandingMeasurementInput_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Warrants, measurement input</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WarrantsAndRightsOutstandingMeasurementInput_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Warrants and Rights Outstanding, Measurement Input</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_NumberOfSharesNoLongerSubjectToForfeiture_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of shares no longer subject to forfeiture</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_NumberOfSharesNoLongerSubjectToForfeiture_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number of Shares No Longer Subject To Forfeiture</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_NumberOfSharesNoLongerSubjectToForfeiture_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of shares that were no longer subject to forfeiture as a result of exercise of over-allotment option by the underwriters.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_OverAllotmentPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Over allotment period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_OverAllotmentPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Over Allotment Period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_OverAllotmentPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Period to exercise the over-allotment option, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_NumberOfAdditionalUnitsPurchased_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of additional units exercised or purchased</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_NumberOfAdditionalUnitsPurchased_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Additional Units Purchased</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_NumberOfAdditionalUnitsPurchased_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The number of additional units purchased by the underwriter upon exercise the over allotment option.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_CashUnderwritingDiscountNotCharged_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash underwriting discount not charged</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_CashUnderwritingDiscountNotCharged_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Underwriting Discount Not Charged</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_CashUnderwritingDiscountNotCharged_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of cash underwriting discount that was not charged on units sold to excluded investors.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DeferredUnderwritingFee_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Deferred fee</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DeferredUnderwritingFee_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred underwriting fees</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DeferredUnderwritingFee_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Underwriting Fee</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DeferredUnderwritingFee_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of underwriting fee payable as of the balance sheet date.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_SponsorOrAffiliateOfSponsorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sponsor or an affiliate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_SponsorOrAffiliateOfSponsorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sponsor Or An Affiliate Of Sponsor [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_SponsorOrAffiliateOfSponsorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to sponsor or an affiliate of sponsor.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_InstrumentSpecificMarketAdjustmentPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Market adjustment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_InstrumentSpecificMarketAdjustmentPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Instrument Specific Market Adjustment, Percentage</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_InstrumentSpecificMarketAdjustmentPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage reduction applied to the implied market price of the underlying equity.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MeasurementInputExercisePriceMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Exercise price</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MeasurementInputExercisePriceMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Measurement Input, Exercise Price [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MeasurementInputExpectedTermMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Warrant term</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MeasurementInputExpectedTermMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Measurement Input, Expected Term [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MeasurementInputRiskFreeInterestRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Risk-free rate (continuous)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MeasurementInputRiskFreeInterestRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Measurement Input, Risk Free Interest Rate [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">FAIR VALUE MEASUREMENTS</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Measurement Inputs and Valuation Techniques [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_WarrantsAndRightsOutstandingFairValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair value per warrant</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_WarrantsAndRightsOutstandingFairValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Warrants And Rights Outstanding, Fair Value Per Share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_WarrantsAndRightsOutstandingFairValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Fair value per outstanding derivative security that permit the holder the right to purchase securities (usually equity) from the issuer at a specified price.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfCashFlowsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">CONDENSED STATEMENT OF CASH FLOWS</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProfitLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProfitLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income (Loss), Including Portion Attributable to Noncontrolling Interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Address Line One</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, City or Town</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityExTransitionPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Ex Transition Period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_LocalPhoneNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Local Phone Number</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ordinary shares, shares outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Shares, Outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income (Loss)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RepaymentsOfNotesPayable_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Repayment of promissory note - related party</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RepaymentsOfNotesPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Repayments of Notes Payable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net cash provided by financing activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Provided by (Used in) Financing Activity, Including Discontinued Operation</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeStatementAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">CONDENSED STATEMENTS OF OPERATIONS</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">SEGMENT INFORMATION</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Segment Reporting Disclosure [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">COMMITMENTS AND CONTINGENCIES</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commitments and Contingencies Disclosure [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Shareholders' Deficit [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Issuance of Class B Ordinary Shares (shares)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Number of shares issued</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Shares, New Issues</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentIncomeInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest earned on cash held in Trust Account</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentIncomeInterest_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Interest earned on cash held in Trust Account</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentIncomeInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Income, Interest</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preference shares, shares authorized</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Preferred stock, shares authorized</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock, Shares Authorized</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preference shares, shares outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Preferred stock, shares outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock, Shares Outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_FoundersShareMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Founder share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_FoundersShareMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Founders Share [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_FoundersShareMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to founder share.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RepurchaseAgreementCounterpartyNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Counterparty Name [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">SUBSEQUENT EVENTS</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Statement</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsCurrentAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Current assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsCurrentAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets, Current [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_PrepaidExpenseExcludingInsuranceCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Prepaid expenses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_PrepaidExpenseExcludingInsuranceCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Prepaid Expense Excluding Insurance, Current</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_PrepaidExpenseExcludingInsuranceCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of asset related to consideration paid in advance for costs that provide economic benefits within a future period of one year or the normal operating cycle, if longer excluding prepaid insurance.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_InitialPublicOfferingTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">INITIAL PUBLIC OFFERING</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_InitialPublicOfferingTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Initial Public Offering [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_InitialPublicOfferingTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The entire disclosure of information about initial public offering.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_PrivatePlacementAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Private Placements [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_PrivatePlacementAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">N/A.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accumulated deficit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Retained Earnings (Accumulated Deficit)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentInformationTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Information [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Tax Identification Number</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine2_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Adress Line Two</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Emerging Growth Company</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressCountry_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Country</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CityAreaCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">City Area Code</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Central Index Key</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preference shares, shares issued</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Preferred stock, shares issued</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock, Shares Issued</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ordinary Shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RetainedEarningsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accumulated Deficit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RetainedEarningsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Retained Earnings [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Balance at the beginning (shares)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Balance at the end (shares)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Shares, Outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Allocated value of transaction costs to Class A shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfStockholdersEquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">CONDENSED STATEMENTS OF CHANGES IN SHAREHOLDERS' DEFICIT</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingencies_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Commitments and Contingencies (Note 6)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommitmentsAndContingencies_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Commitments and Contingencies.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shareholders' Deficit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity, Attributable to Parent [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ordinary shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Value, Issued</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash Flows from Operating Activities:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Provided by (Used in) Operating Activity, Including Discontinued Operation [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Adjustments to reconcile net income to net cash used in operating activities:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesPayableCurrentRelatedPartyTypeExtensibleEnumeration_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Notes Payable, Current, Related Party [Extensible Enumeration]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NotesPayableCurrentRelatedPartyTypeExtensibleEnumeration_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Notes Payable, Current, Related Party [Extensible Enumeration]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilityCurrentRelatedPartyTypeExtensibleEnumeration_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other Liability, Current, Related Party [Extensible Enumeration]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilityCurrentRelatedPartyTypeExtensibleEnumeration_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Liability, Current, Related Party [Extensible Enumeration]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Issuance of Class B Ordinary Shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Capital contribution</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Value, New Issues</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_GeneralAndAdministrativeExpensePaidThroughRelatedPartyPromissoryNoteIssuance_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Payment of general and administrative costs through promissory note - related party</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_GeneralAndAdministrativeExpensePaidThroughRelatedPartyPromissoryNoteIssuance_lbl" xlink:role="http://www.xbrl.org/2003/role/label">General And Administrative Expense Paid Through Related Party Promissory Note Issuance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_GeneralAndAdministrativeExpensePaidThroughRelatedPartyPromissoryNoteIssuance_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The amount of general and administrative expenses paid through promissory note issuance by related party.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DeferredOfferingCostsPaidThroughRelatedPartyPromissoryNotes_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred offering costs paid through promissory note - related party</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DeferredOfferingCostsPaidThroughRelatedPartyPromissoryNotes_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Offering Costs Paid Through Related Party Promissory Notes</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DeferredOfferingCostsPaidThroughRelatedPartyPromissoryNotes_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of deferred offering costs paid through related party promissory note.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAndStockholdersEquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Liabilities and Shareholders' Deficit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAndStockholdersEquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities and Equity [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromRelatedPartyDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Advances from related party</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ProceedsFromRelatedPartyDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from Related Party Debt</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueDisclosuresTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">FAIR VALUE MEASUREMENTS</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueDisclosuresTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Disclosures [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Events [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">SUBSEQUENT EVENTS</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Events [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_MaximumPeriodToCompleteInitialBusinessCombinationAfterInitialPublicOffering_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maximum period to complete the business combination</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_MaximumPeriodToCompleteInitialBusinessCombinationAfterInitialPublicOffering_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Maximum Period To Complete The Initial Business Combination After Initial Public Offering</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_MaximumPeriodToCompleteInitialBusinessCombinationAfterInitialPublicOffering_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Maximum period to complete the initial business combination after initial public offering,  in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Recent Accounting Standards</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">New Accounting Pronouncements, Policy [Policy Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share-Based Compensation</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Payment Arrangement [Policy Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_LiquidityAndCapitalResourcesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Liquidity and Capital Resources</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_LiquidityAndCapitalResourcesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liquidity And Capital Resources [Policy Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_LiquidityAndCapitalResourcesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Disclosure of accounting policy for availability of liquidity and capital resource.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredChargesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred Offering Costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredChargesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Charges, Policy [Policy Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_StockOfferingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Transaction costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_StockOfferingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Offering Costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_StockOfferingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of stock issuance costs incurred during  the period.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_OtherStockOfferingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other offering costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_OtherStockOfferingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other Stock Offering Costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_OtherStockOfferingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of other stock offering costs incurred during the period.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdOwnershipPercentageInTargetCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of ownership interest to be acquired</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdOwnershipPercentageInTargetCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Threshold Ownership Percentage In Target Company</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdOwnershipPercentageInTargetCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Threshold percentage of ownership interest to be acquired in target company.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Diluted net income per ordinary share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Allocation of net income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Income (Loss) Available to Common Stockholders, Diluted</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Description of Organization And Business Operations [Absteact]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IPOMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">IPO</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IPOMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">IPO [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareBasicAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Basic net income per ordinary share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EarningsPerShareBasicAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share, Basic [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_SignificantAccountingPolicyLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_SignificantAccountingPolicyLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Significant Accounting Policy [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_SignificantAccountingPolicyLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Line items represent significant accounting policy.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Cash_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Cash</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Cash_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_NetWorkingCapitalAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Working capital</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_NetWorkingCapitalAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Working Capital, Amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_NetWorkingCapitalAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of current assets excluding current liabilities.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AntidilutiveSecuritiesNameDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Antidilutive Securities, Name [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Class A ordinary shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Warrant or Right, Number of Securities Called by Warrants or Rights</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquityByClassOfStockTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Temporary Equity, by Class of Stock [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquityLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Temporary Equity [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ProceedsAllocatedToPublicWarrants_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeds allocated to Public Warrants</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ProceedsAllocatedToPublicWarrants_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds Allocated to Public Warrants</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ProceedsAllocatedToPublicWarrants_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">A portion of gross proceeds from initial public offering allocated to public warrants</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdFairMarketValueOfTargetBusinessAsPercentOfNetBalanceInTrustAccount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percent of fair market value of target businesses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdFairMarketValueOfTargetBusinessAsPercentOfNetBalanceInTrustAccount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Threshold Fair Market Value Of Target Business As Percent Of Net Balance In Trust Account</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdFairMarketValueOfTargetBusinessAsPercentOfNetBalanceInTrustAccount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Threshold fair market value of target businesses as a percent of net balance in trust account.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsHeldInTrust_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amount held in trust account</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsHeldInTrust_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Asset, Held-in-Trust</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_PercentOfPublicSharesToBeRedeemedIfBusinessCombinationNotCompleted_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Redemption percentage of shares if business combination not completed</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_PercentOfPublicSharesToBeRedeemedIfBusinessCombinationNotCompleted_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percent Of Public Shares To Be Redeemed If Business Combination Not Completed</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_PercentOfPublicSharesToBeRedeemedIfBusinessCombinationNotCompleted_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of public shares to be redeemed if the entity has not completed the business combination within the given time frame.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantOrRightNumberOfWarrantsOrRightsOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Warrants outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantOrRightNumberOfWarrantsOrRightsOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class Of Warrant Or Right, Number Of Warrants or Rights Outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantOrRightNumberOfWarrantsOrRightsOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of warrants or rights outstanding during the period.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquityAccretionToRedemptionValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accretion for Class A ordinary shares to redemption amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquityAccretionToRedemptionValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Temporary Equity, Accretion to Redemption Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfEarningsPerShareBasicByCommonClassTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Earnings Per Share, Basic, by Common Class, Including Two-Class Method [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Cash and cash equivalents</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash and Cash Equivalent</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Accrued interest and penalties</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdDaysFromBusinessCombinationForTransferOfWarrants_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Restriction period to transfer warrants</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdDaysFromBusinessCombinationForTransferOfWarrants_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Threshold Days From Business Combination For Transfer Of Warrants</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdDaysFromBusinessCombinationForTransferOfWarrants_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Threshold number of days from completion of business combination for warrants to be transferred, assigned or sold by the holders.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_FoundersSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Founder Shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_FoundersSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Founders Shares [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_FoundersSharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to founders shares.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ordinary shares, shares authorized</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Shares Authorized</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdAggregatePercentageOfAdditionalSharesIssuableUponConversionInConnectionWithBusinessCombination_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Threshold aggregate additional shares issuable, percentage</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdAggregatePercentageOfAdditionalSharesIssuableUponConversionInConnectionWithBusinessCombination_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Threshold Aggregate Percentage Of Additional Shares Issuable Upon Conversion In Connection With Business Combination</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdAggregatePercentageOfAdditionalSharesIssuableUponConversionInConnectionWithBusinessCombination_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Threshold aggregate percentage of additional shares issuable upon conversion in connection with the business combination.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquitySharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Temporary Equity, Shares Outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_WarrantsAndRightsNoteDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Warrants [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfWarrantOrRightLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">WARRANTS</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfWarrantOrRightLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Warrant or Right [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdNumberOfBusinessDaysForFilingOfRegistrationStatementPostInitialBusinessCombination_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Threshold number of business days for filing of registration statement</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdNumberOfBusinessDaysForFilingOfRegistrationStatementPostInitialBusinessCombination_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Threshold Number Of Business Days For Filing Of Registration Statement Post Initial Business Combination</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdNumberOfBusinessDaysForFilingOfRegistrationStatementPostInitialBusinessCombination_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Threshold number of business days available for company to file the registration statement post initial business combination.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantsOrRightsRedemptionsStockPriceTrigger_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Warrant redemption, stock price trigger</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantsOrRightsRedemptionsStockPriceTrigger_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class Of Warrants Or Rights, Redemptions, Stock Price Trigger</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantsOrRightsRedemptionsStockPriceTrigger_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Price of the entity's common stock which would be required to be attained for the redemption feature in the warrant to become effective.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantsOrRightsPriorNoticeOfRedemptionToBeIssuedNumberOfDays_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of days of prior notice of redemption to be issued</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantsOrRightsPriorNoticeOfRedemptionToBeIssuedNumberOfDays_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class Of Warrants Or Rights, Prior Notice Of Redemption To Be Issued, Number Of Days</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantsOrRightsPriorNoticeOfRedemptionToBeIssuedNumberOfDays_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of days of prior notice to be issued for redemption of warrants.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantsOrRightsRedemptionsThresholdConsecutiveTradingDays_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Threshold consecutive trading days</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantsOrRightsRedemptionsThresholdConsecutiveTradingDays_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class Of Warrants Or Rights, Redemptions, Threshold Consecutive Trading Days</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantsOrRightsRedemptionsThresholdConsecutiveTradingDays_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Threshold period of specified consecutive trading days within which common stock price to redemption price of warrant must exceed threshold percentage for specified number of trading days to trigger redemption feature.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdPeriodForNotToTransferAssignOrSellAnySharesOrWarrantsAfterCompletionOfInitialBusinessCombination_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Threshold period for not to transfer, assign or sell any of their shares or warrants after the completion of the initial business combination</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdPeriodForNotToTransferAssignOrSellAnySharesOrWarrantsAfterCompletionOfInitialBusinessCombination_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Threshold Period For Not To Transfer, Assign Or Sell Any Shares Or Warrants After Completion Of Initial Business Combination</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdPeriodForNotToTransferAssignOrSellAnySharesOrWarrantsAfterCompletionOfInitialBusinessCombination_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The period of time which must elapse after completion of a business combination before the Sponsor can transfer, assign or sell any Founder Shares unless other specified conditions are met.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementBusinessSegmentsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Segments [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_EquityClassifiedShareBasedPaymentGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair value of shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_EquityClassifiedShareBasedPaymentGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Classified Share Based Payment, Grant Date Fair Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_EquityClassifiedShareBasedPaymentGrantDateFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The grant date fair value of shares transferred under share based arrangement.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DiscountForLackOfMarketabilityPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Discount for lack of marketability applied to each share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DiscountForLackOfMarketabilityPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Discount For Lack OF Marketability, Per Share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DiscountForLackOfMarketabilityPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Reduction applied to the value of equity interest to reflect that the shares cannot be sold freely in the market for a certain period.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdministrativeFeesExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Administrative support fees</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdministrativeFeesExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Administrative Fees Expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_AdministrativeServicesAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Administrative Services Agreement</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_AdministrativeServicesAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Administrative Services Agreement [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_AdministrativeServicesAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to administrative services agreement.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ConversionOfStockConversionRatio_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Conversion ratio</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ConversionOfStockConversionRatio_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Conversion Of Stock, Conversion Ratio</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ConversionOfStockConversionRatio_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of class A common shares issuable upon conversion for each share of other class of common stock.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_EquityClassifiedShareBasedPaymentGrantDateFairValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair value per share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_EquityClassifiedShareBasedPaymentGrantDateFairValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Classified Share Based Payment, Grant Date Fair Value Per Share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_EquityClassifiedShareBasedPaymentGrantDateFairValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The grant date fair value of per share transferred under share based arrangement.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_MaximumNumberOfDemandsExcludingShortFormRegistrationDemandsEntitledBySecurityHolders_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of demands</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_MaximumNumberOfDemandsExcludingShortFormRegistrationDemandsEntitledBySecurityHolders_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Maximum Number Of Demands, Excluding Short Form Registration Demands Entitled by Security Holders</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_MaximumNumberOfDemandsExcludingShortFormRegistrationDemandsEntitledBySecurityHolders_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The maximum number of demands, excluding short form registration demands to be entitled by security holders.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_MaximumNumberOfAdditionalUnitsOfferedForPurchase_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maximum number of additional units offered for purchase</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_MaximumNumberOfAdditionalUnitsOfferedForPurchase_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Maximum Number Of Additional Units Offered For Purchase</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_MaximumNumberOfAdditionalUnitsOfferedForPurchase_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Maximum number of additional units offered to purchase by the underwriters during the option period.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_NumberOfUnitsConsideredSold_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of units considered sold</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_NumberOfUnitsConsideredSold_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Units Considered Sold</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_NumberOfUnitsConsideredSold_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The number of units considered sold under the underwriting agreement.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_PaymentsForUnderwritingDiscount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Underwriting discount paid</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_PaymentsForUnderwritingDiscount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments For Underwriting Discount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_PaymentsForUnderwritingDiscount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Cash paid for expenses incurred during underwriting activities.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DeferredUnderwritingFeePerUnit_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred fee per unit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DeferredUnderwritingFeePerUnit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Underwriting Fee Per Unit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DeferredUnderwritingFeePerUnit_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The per unit value of deferred fee entitled to underwriters on units sold excluding the units sold under the option to purchase to underwriters.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DeferredUnderwritingFeeNotCharged_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred fee not charged</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DeferredUnderwritingFeeNotCharged_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Underwriting Fee Not Charged</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DeferredUnderwritingFeeNotCharged_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of deferred underwriting fee that was not charged on units sold to excluded investors.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantOrRightLockUpPeriodAfterRegistrationStatementBecomesEffective_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lock up period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantOrRightLockUpPeriodAfterRegistrationStatementBecomesEffective_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class Of Warrant Or Right, Lock Up Period After Registration Statement Becomes Effective</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ClassOfWarrantOrRightLockUpPeriodAfterRegistrationStatementBecomesEffective_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Period of lock-up restrictions after registration statement becomes effective , in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_PiggyBackRegistrationRightsTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Term of piggy-back registration rights</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_PiggyBackRegistrationRightsTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Piggy Back Registration Rights, Term</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_PiggyBackRegistrationRightsTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Term of piggy-back registration rights, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockParOrStatedValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Preferred stock, par value per share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockParOrStatedValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preference shares, par value (in dollars, per share)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockParOrStatedValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock, Par or Stated Value Per Share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_SingleReportableSegmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Single reportable segment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_SingleReportableSegmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Single reportable segment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_SingleReportableSegmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Represents information pertaining to single reportable segment.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NumberOfReportableSegments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of reportable segments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NumberOfReportableSegments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number of Reportable Segments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GeneralAndAdministrativeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">General and administrative costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GeneralAndAdministrativeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">General and Administrative Expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Measurement Inputs and Valuation Techniques [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MeasurementInputTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Measurement Input Type [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MeasurementInputSharePriceMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Implied Class A share price</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MeasurementInputSharePriceMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Measurement Input, Share Price [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingInformationLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">SEGMENT INFORMATION</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingInformationLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Segment Reporting Information [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NumberOfOperatingSegments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of operating segments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NumberOfOperatingSegments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number of Operating Segments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MeasurementInputTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Measurement Input Type [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred offering costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_DeferredCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Costs, Noncurrent</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfStockByClassTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock, Class of Stock [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_AmendmentFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amendment Flag</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharePrice_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Implied share price</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SharePrice_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Price</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_SharesTransferredToAffiliatesNominalPricePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Price per share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_SharesTransferredToAffiliatesNominalPricePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Shares Transferred To Affiliates, Nominal Price Per Share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_SharesTransferredToAffiliatesNominalPricePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Nominal price per share of the shares transferred to affiliates.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_SaleOfSharesStockPriceTrigger_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Target price per share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_SaleOfSharesStockPriceTrigger_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sale Of Shares, Stock Price Trigger</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_SaleOfSharesStockPriceTrigger_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Price per share required to sell the shares before the lock in period.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdConsecutiveTradingDaysForStockPriceTarget_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Consecutive trading days</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdConsecutiveTradingDaysForStockPriceTarget_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Threshold Consecutive Trading Days For Stock Price Target</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_ThresholdConsecutiveTradingDaysForStockPriceTarget_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Threshold period of specified consecutive trading days the stock price must be at or above the trigger price within a set time frame.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AllocatedShareBasedCompensationExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Compensation expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AllocatedShareBasedCompensationExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-Based Payment Arrangement, Expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_CommonStockNumberOfVotesPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of votes per share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_CommonStockNumberOfVotesPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Number Of Votes Per Share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_CommonStockNumberOfVotesPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of votes per share of common stock.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Changes in operating assets and liabilities:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity, Increase (Decrease) in Operating Capital [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInPrepaidInsurance_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel">Prepaid insurance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInPrepaidInsurance_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (Decrease) in Prepaid Insurance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net cash used in operating activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Provided by (Used in) Operating Activity, Including Discontinued Operation</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_PaymentsForCashDepositedInTrustAccount_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Investment of cash in Trust Account</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_PaymentsForCashDepositedInTrustAccount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments for Cash Deposited in Trust Account</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_PaymentsForCashDepositedInTrustAccount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The amount of cash outflow associated with cash deposited in Trust Account.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Cash Flows from Financing Activities:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Provided by (Used in) Financing Activity, Including Discontinued Operation [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_OfferingCostsIncludedInAccruedOfferingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Offering costs included in accrued offering costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_OfferingCostsIncludedInAccruedOfferingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Offering costs included in accrued offering costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_OfferingCostsIncludedInAccruedOfferingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of offering costs included in accrued offering costs.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_TemporaryEquityRedemptionPricePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Temporary Equity, Redemption Price Per Share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingIncomeLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Loss from operations</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingIncomeLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Income (Loss)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">RELATED PARTIES</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transactions Disclosure [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Cash - End of period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Cash - Beginning of period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DeferredUnderwritingFeePayable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred underwriting fee payable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DeferredUnderwritingFeePayable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred underwriting fee payable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DeferredUnderwritingFeePayable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of deferred underwriting fee payable.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_WarrantsAndRightsNoteDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">WARRANTS</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_WarrantsAndRightsNoteDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Warrants And Rights Note Disclosure [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_WarrantsAndRightsNoteDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The entire disclosure of warrants.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">SHAREHOLDERS' DEFICIT</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentType_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Type</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Incorporation, State or Country Code</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Accretion for Class A ordinary shares to redemption amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments to Additional Paid in Capital, Increase in Carrying Amount of Redeemable Preferred Stock</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Balance at the end</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Balance at the beginning</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total Shareholders&#8217; Deficit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity, Attributable to Parent</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Liabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total Liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Liabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Preference shares, $0.0001 par value; 1,500,000 shares authorized; none issued or outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PreferredStockValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Preferred Stock, Value, Issued</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Additional paid-in capital</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Additional Paid in Capital</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total current assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets, Current</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_AccruedOfferingCostsCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accrued offering costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_AccruedOfferingCostsCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accrued Offering Costs, Current</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_AccruedOfferingCostsCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Carrying value as of the balance sheet date of obligations incurred through that date and payable for offering costs. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilitiesCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Advances from related party</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilitiesCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Due to related party</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OtherLiabilitiesCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Advances from related party</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total current liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities, Current</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfFinancialPositionAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">CONDENSED BALANCE SHEETS</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementEquityComponentsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Components [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapitalMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Additional Paid-in Capital</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AdditionalPaidInCapitalMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Additional Paid-in Capital [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityComponentDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity Component [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInAccruedLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accrued expenses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncreaseDecreaseInAccruedLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (Decrease) in Accrued Liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Flows from Investing Activities:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net cash used in investing activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Provided by (Used in) Investing Activity, Including Discontinued Operation</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_SaleOfPrivatePlacementWarrants_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sale of Private Placement Warrants</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_SaleOfPrivatePlacementWarrants_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sale of Private Placement Warrants</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_SaleOfPrivatePlacementWarrants_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Sale of Private Placement Warrants.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_FairValueOfPublicWarrantsAtIssuance_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value of Public Warrants at issuance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_FairValueOfPublicWarrantsAtIssuance_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value of Public Warrants at issuance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_FairValueOfPublicWarrantsAtIssuance_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Fair Value of Public Warrants at issuance.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_IncreaseDecreaseInPrepaidExpenseExcludingPrepaidInsurance_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Prepaid expenses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_IncreaseDecreaseInPrepaidExpenseExcludingPrepaidInsurance_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (Decrease) in Prepaid Expense Excluding Prepaid Insurance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_IncreaseDecreaseInPrepaidExpenseExcludingPrepaidInsurance_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">The increase (decrease) during the reporting period in the amount of outstanding money paid in advance for goods or services that bring economic benefits for future periods excluding insurance.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PrepaidInsurance_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Prepaid insurance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PrepaidInsurance_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Prepaid Insurance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Assets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total Assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Assets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesCurrentAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Current liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesCurrentAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities, Current [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DeferredUnderwritingFeeNonCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred underwriting fee</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DeferredUnderwritingFeeNonCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Underwriting Fee, Non Current</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DeferredUnderwritingFeeNonCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of underwriting fees payable classified as non-current.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentInformationLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document and Entity Information</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentInformationLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Information [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityRegistrantName_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Registrant Name</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SaleOfStockConsiderationReceivedOnTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeds from sale of Units, net of underwriting discounts paid</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SaleOfStockConsiderationReceivedOnTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sale of Stock, Consideration Received on Transaction</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RepaymentsOfRelatedPartyDebt_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Repayment of advances from related party</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RepaymentsOfRelatedPartyDebt_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Repayments of Related Party Debt</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsOfStockIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Payment of offering costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_PaymentsOfStockIssuanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments of Stock Issuance Costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net Change in Cash</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Excluding Exchange Rate Effect, Including Discontinued Operation</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DeferredOfferingCostsIncludedInAccruedOfferingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred offering costs included in accrued offering costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DeferredOfferingCostsIncludedInAccruedOfferingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Offering Costs Included In Accrued Offering Costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DeferredOfferingCostsIncludedInAccruedOfferingCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of deferred offering costs included in accrued offering costs.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DeferredOfferingPaidBySponsorInExchangeForIssuanceOfOrdinaryShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Deferred offering costs paid by Sponsor in exchange for issuance of Class B ordinary shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DeferredOfferingPaidBySponsorInExchangeForIssuanceOfOrdinaryShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Deferred Offering Paid By Sponsor In Exchange For Issuance Of Ordinary Shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="biii_DeferredOfferingPaidBySponsorInExchangeForIssuanceOfOrdinaryShares_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Amount of deferred offering paid by sponsor in exchange for issuance of ordinary shares.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</link:label>
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