Company: NHICW
Filing Date: 2025-03-12
Form Type: 8-K/A
Source: 0001213900-25-023310
Chunk: 2

Company: NewHold Investment Corp. III
Filing Date: 2025-03-12
Form: 8-K/A
Chunk 2
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 one Class A Ordinary Share for $11.50 per share.

Simultaneously with the closing
of the IPO, pursuant to the Private Placement Units Purchase Agreements, the Company completed the private placement of an aggregate of
780,100 units (the “Private Placement Units”) to the Sponsor and BTIG, LLC, the representative of the underwriters,
at $10.00 per Unit, each Unit consisting of one Class A Ordinary Share and one-half of one redeemable Warrant, each whole Warrant exercisable
to purchase one Class A Ordinary Share of the Company. Of those 780,100 Private Placement Units, the Sponsor purchased 552,600 Private
Placement Units and BTIG, LLC purchased 227,500 Private Placement Units. The Warrants contained in the Private Placement Units are identical
to the Warrants included in the Units sold in the IPO, except as otherwise disclosed in the Registration Statement. No underwriting discounts
or commissions were paid with respect to such sale.

A total of $202,256,250,
comprised of the net proceeds from the IPO (which amount includes $7,043,750 of the underwriter’s deferred discount) and the proceeds
of the sale of the Private Placement Units, was placed in a U.S.-based trust account maintained by Continental Stock Transfer & Trust
Company, acting as trustee.

An audited balance sheet
as of March 3, 2025 reflecting the receipt of the proceeds from the IPO and the Private Placement has been issued by the Company and is
included as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

| Exhibit No. 
 99.1        |     | Description                                                                  
 Audited Balance Sheet as of March 3, 2025.                                   |
|:------------|:----|:-----------------------------------------------------------------------------|
| 104         |     | Cover Page Interactive Data File (embedded within the Inline XBRL document). |

<div align='center'>2

SIGNATURE</div>

Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.

|                       | NEWHOLD INVESTMENT CORP III |                   |                         |
|                       | By:                         | /s/ Polly Schneck |                         |
|                       |                             | Name:             | Polly Schneck           |