Company: NHICW
Filing Date: 2025-02-20
Form Type: S-1/A
Source: 0001213900-25-015373
Chunk: 10

Company: NewHold Investment Corp. III
Filing Date: 2025-02-20
Form: S-1/A
Chunk 10
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 of our initial business combination. The deferred compensation payable to Messrs. Charlton and Hammad and Ms. Schneck will not be payable if we do not complete our initial business combination. In addition to the foregoing, our officers and directors will receive indirect interests in the founder shares held by the sponsor. Our Chief Executive Officer, Mr.Charlton, will receive an indirect interest in 1,285,598 founder shares through membership interests in our sponsor, our Chief Financial Officer, Ms. Schneck, will receive an indirect interest in 191,766 founder shares through membership interests in our sponsor, our President and Chief Operating Officer, Mr.Hammad, will receive an indirect interest in 570,299 founder shares through membership interests in our sponsor and our Director and Senior Advisor, Mr.Baynes -Reid, will receive an indirect interest in 100,500 founder shares through membership interests in our sponsor. In addition, our independent directors will receive for their services as a director an indirect interest in the founder shares through membership interests in our sponsor. Mr.Sullivan will receive an indirect interest in 47,274 founder shares through membership interests in our sponsor, Mr.Horlock will receive an indirect interest in 25,000 founder shares through membership interests in our sponsor, Ms. Teharian will receive an indirect interest in 12,500 founder shares through membership interests in our sponsor, Mr.Mathis will receive an indirect interest in 2,500 founder shares through membership interests in our sponsor, Mr.Yerbic will receive an indirect interest in 75,000 founder shares through membership interests in our sponsor, and Mr.Scharfman will receive an indirect interest in 5,000 founder shares through membership interests in our sponsor. As a result of their indirect interest in the founder shares through membership interests in our sponsor, our management team may have a conflict of interest in determining whether a particular target business is an appropriate business with which to effectuate our initial business combination. In addition, upon consummation of this offering, we will repay up to $350,000 in loans made to us by our sponsor to cover offering -relatedand organizational expenses. In the event that following this offering we obtain working capital loans from our sponsor or any of its affiliates or from our officers or directors to finance transaction costs related to our initial business combination, up to $1,500,000 of such loans may be convertible into private units of the post -businesscombination entity at a price of $10.00 per unit at the option of our sponsor