Company: NHICW
Filing Date: 2025-02-20
Form Type: S-1/A
Source: 0001213900-25-015373
Chunk: 274

Company: NewHold Investment Corp. III
Filing Date: 2025-02-20
Form: S-1/A
Chunk 274
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mentoption is exercised in full), or approximately 74.1% of the private units (or 74.8% of the private units if the over -allotmentoption is exercised in full) 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 2,876,522 founder shares (or 3,308,000 founder shares if the over -allotmentoption is exercised in full) held by the sponsor. 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 Rule 5110. Except in certain limited circumstances, no member of the sponsor (including the non -managingsponsor investors) may transfer all or any portion of its membership units in the sponsor. Prior to or in connection with the completion of our initial business combination, there may be payment by the company to our sponsor, officers or directors, advisor, or our or their affiliates, of a finder’s fee, advisory fee, consulting fee or success fee for any services they render in order to effectuate the completion of our initial business, which, if made prior to the completion of our initial business combination, will be paid from funds held outside the trust account. 170 We will reimburse our sponsor or an affiliate thereof in an amount equal to $40,000 per month for office space, utilities and secretarial, administrative support and officer compensation made available to us. Upon completion of our initial business combination or our liquidation, we will cease paying these monthly fees. On a monthly basis, Mr.Hammad and Ms. Schneck will each receive compensation from the sponsor on a current basis, which will be paid out of the Administrative Services Fee, for their services as officers of the Company. For such services, Mr.Hammad will receive $21,500 per month and Ms. Schneck will receive $7,100 per month