Company: NHICW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076495
Chunk: 32

Company: NewHold Investment Corp. III
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 32
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157,000 and $2,817,000, respectively, consists primarily of interest income on the trust account. 

    - Identification of the chief operating decision maker (“CODM”): The chief operating decisions makers are the Chief Executive and Chief Financial Officers of the Company. 

Explanation of how the CODM uses the disclose
measure of segment profit or loss: The CODM works to maintain costs at a competitive level in its everyday operations. The CODM works
to optimize its investment income on the limited choices of available assets based on market conditions. The CODM assesses performance
for the single segment and decides how to allocate resources based on net income or loss that also is reported on the statement of operations
as net income or loss. The measure of segment assets is reported on the balance sheet as total assets. When evaluating the Company’s
performance and making key decisions regarding resource allocation, the CODM reviews several key metrics included in net income or loss
and total assets, which include the following: (a) expenses of maintaining its public reporting including accounting, auditing, legal,
listing and regulatory, insurance, and (b) search for a business combination candidate, (c) diligence, financing, reporting and closing
activities and (d) managing investments in the trust account in order to generate return for shareholders consistent with the regulations
surrounding such investments.

Note 10 — Subsequent Events

The Company evaluated subsequent events and transactions
that occurred after the condensed balance sheet date through the date that the financial statements were available to be issued. Based
upon this review, the Company did not identify any subsequent events that would have required adjustment or disclosure in the condensed
financial statements.

19

 Item 2. Management’s Discussion
and Analysis of Financial Condition and Results of Operations

References in this Quarterly
Report on Form 10-Q (the “Quarterly Report”) to “we,” “us” or the “Company” refer to NewHold
Investment Corp III References to our “management” or our “management team” refer to our officers and directors,
and references to the “Sponsor” refer to NewHold Industrial Technology III LLC. The following discussion and analysis of the
Company’s financial condition and results of operations should be read in conjunction with the audited financial statements as of
December 31, 2024 and for the period from August 18, 2024 (inception) to December 31, 2024 included in the Company’s final prospectus
for its initial public