Company: NHICW
Filing Date: 2025-01-17
Form Type: S-1/A
Source: 0001213900-25-004337
Chunk: 143

Company: NewHold Investment Corp. III
Filing Date: 2025-01-17
Form: S-1/A
Chunk 143
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 a trading price of $10.05 per public share upon consummation of our initial business combination, the 5,832,750 founder shares (6,707,663 founder shares if the overallotment is exercised in full) would have an aggregate implied value of $58,619,138 ($67,412,013 if the overallotment is exercised in full). Even if the trading price of our ordinary shares were as low as $[_] per share, and the private warrants are worthless, the value of the founder shares and private shares would be equal to our sponsor’s, and the non -managingsponsor investors’ (if any), aggregate initial investment in us. As a result, our sponsor, and the non -managingsponsor investors (if any) are likely to be able to make a substantial profit on its investment in us at a time when our public shares have lost significant value. Accordingly, members of our management team, who own interests in our sponsor, may be more willing to pursue a business combination with a riskier or less -establishedtarget business than would be the case if our sponsor had paid the same per share price for the founder shares as our public shareholders paid for their public shares. In addition, our non -managingsponsor investors (if any) may have different interests than other public shareholders due to their additional upfront investment in the company and their membership interests in the sponsor. The determination of the offering price of our units and the size of this offering is more arbitrary than the pricing of securities and size of an offering of an operating company in a particular industry. You may have less assurance, therefore, that the offering price of our units properly reflects the value of such units than you would have in a typical offering of an operating company. Prior to this offering there has been no public market for any of our securities. The public offering price of the units and the terms of the warrants were negotiated between us and the underwriters. In determining the size of this offering, management held customary organizational meetings with the representative of the underwriters, both prior to our inception and thereafter, with respect to the state of capital markets, generally, and the amount the underwriters believed they reasonably could raise on our behalf. Factors considered in determining the size of this offering, prices and terms of the units, including the Class A ordinary shares and warrants underlying the units, include: •the history and prospects of companies whose principal business is the acquisition of other companies; •prior offerings of those companies;