Company: NHICW
Filing Date: 2025-01-17
Form Type: S-1/A
Source: 0001213900-25-004337
Chunk: 273

Company: NewHold Investment Corp. III
Filing Date: 2025-01-17
Form: S-1/A
Chunk 273
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) in a private placement that will close simultaneously with the closing of this offering. Subject to each non -managingsponsor investor indirectly purchasing, through non -managingsponsor membership interests, the private units allocated to it in connection with the closing of this offering, the sponsor will issue membership interests at a nominal purchase price to the non -managingsponsor investors reflecting interests in an aggregate of [_] founder shares held by the sponsor. The private units will be identical to the units sold in this offering except that, so long as they are held by our sponsor or its permitted transferees, the private units (including the component securities as well as any securities underlying those component securities) (i) may not, subject to certain limited exceptions, be transferred, assigned or sold by the holders until 30 days after the completion of our initial business combination, (ii) will be entitled to registration rights and (iii) with respect to private warrants included as part of the private units held by BTIG and/or their designees, will not be exercisable more than five years from the commencement of sales in this offering in accordance with FINRA Rule 5110(g)(8). The non -managingsponsor investors have indicated an interest to indirectly purchase, through the purchase of sponsor membership interests, an aggregate of [_] private units at a price of $10.00 per warrant ($[_] in the aggregate) or ([_] private units ($[_] in the aggregate) if the over -allotmentoption is exercised in full), or approximately [_]% of the private units to be purchased by the sponsor, in a private placement that will close simultaneously with the closing of this offering. Subject to each non -managingsponsor investor indirectly purchasing, through non -managingsponsor membership interests, the private units allocated to it in connection with the closing of this offering, the sponsor will issue membership interests at a nominal purchase price ($0.004 per share) to the non -managingsponsor investors reflecting interests in an aggregate of [_] founder shares held by the sponsor (or [_] founder shares if the over -allotmentoption is exercised in full). The non -managingsponsor investors will not be subject to transfer restrictions or a lock -upagreement on any public Class A ordinary shares that they may purchase in this offering pursuant to the expressions of interest described herein or otherwise. The private units to be purchased by the underwriters or their affiliates are deemed underwriters’ compensation by FINRA pursuant to FINRA