Company: NHICW
Filing Date: 2025-02-20
Form Type: S-1/A
Source: 0001213900-25-015373
Chunk: 113

Company: NewHold Investment Corp. III
Filing Date: 2025-02-20
Form: S-1/A
Chunk 113
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 founder shares outstanding was determined based on the expectation that the total size of this offering would be a maximum of 20,125,000 units if the underwriters’ over -allotmentoption is exercised in full, and therefore that such founder shares would represent 25% of the outstanding shares after this offering (not including the Class A ordinary shares that are included within the private units). Our public shareholders may incur material dilution due to such anti -dilutionadjustments that result in the issuance of Class A ordinary shares on a greater than one -to -onebasis upon conversion. Up to 874,912 of the founder shares will be surrendered for no consideration depending on the extent to which the underwriters’ over -allotmentis exercised. The founder shares will be worthless if we do not complete an initial business combination, except to the extent they receive liquidating distributions from assets outside of the trust account. In addition, our sponsor and the underwriters, have committed to purchase an aggregate of 712,500 private units (780,100 if the underwriters’ over -allotmentoption is exercised in full) for an aggregate purchase price of $7,125,000 ($7,801,000 if the underwriters’ over -allotmentoption is exercised in full), or $10.00 per private unit. Of these private units, our sponsor has agreed to purchase 537,500 private units (or 552,600 private units if the over -allotmentoption is exercised in full) and BTIG has agreed to purchase 175,000 private units (or 227,500 private units if the over -allotmentoption is exercised in full). Each private unit will be identical to the warrants sold in this offering, except as described in this prospectus. The private units will be sold in a private placement that will close simultaneously with the closing of this offering, including the over -allotmentoption, as applicable. The “non -managingsponsor investors” throughout this prospectus, have expressed an interest to indirectly purchase, through the purchase of non -managingsponsor membership interests, an aggregate of 398,400 private units ($3,984,000 in the aggregate) at a price of $10.00 per unit (or 413,500 private units ($4,135,000 in the aggregate ) if the over -allotmentoption is 72 exercised in full) in a private placement that will close simultaneously with the closing of this offering.