Company: NHICW
Filing Date: 2025-05-13
Form Type: 10-Q
Source: 0001213900-25-042195
Chunk: 2

Company: NewHold Investment Corp. III
Filing Date: 2025-05-13
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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     6,707,663 
  
    Class B ordinary shares - basic net income per share 
    $0.03 

The accompanying notes are an integral part of
these unaudited condensed financial statements.

2

NEWHOLD INVESTMENT CORP III
CONDENSED STATEMENT OF CHANGES IN SHAREHOLDERS’ DEFICIT
For the three months ended March 31, 2025

(UNAUDITED)

    Ordinary Shares  

    Class A Ordinary Shares  
    Amount  
    Class B  Ordinary Shares  
    Amount  
    Additional Paid-in Capital  
    Accumulated Deficit  
    Total Shareholders’ Deficit 
  
    Balances, December 31, 2024 
     -  
    $        -  
     6,707,663  
    $1,000  
    $24,000  
    $(90,000) 
    $(65,000)
  
    Issuance of 780,100 Private Placement Units to Sponsor and underwriter at $10.00 per unit 
     780,100  
     -  
     -  
     -  
     7,801,000  
     -  
     7,801,000 
  
    Estimated fair value of 10,062,500 Public Warrants issued as part of Units sold in the Offering 
     -  
     -  
     -  
     -  
     1,509,000  
     -  
     1,509,000 
  
    Allocated value of transaction costs to Public and Private Warrants 
     -  
     -  
     -  
     -  
     (107,000) 
     -  
     (107,000)
  
    Accretion in value of Class A ordinary shares 
     -  
     -  
     -  
     -  
     (9,227,000) 
     (5,483,000) 
     (14,710,000)
  
    Net income 
     -  
     -  
     -  
     -  
     -  
     393,000  
     393,000 
  
    Balances, March 31, 202