Company: NHICW
Filing Date: 2025-01-17
Form Type: S-1/A
Source: 0001213900-25-004337
Chunk: 202

Company: NewHold Investment Corp. III
Filing Date: 2025-01-17
Form: S-1/A
Chunk 202
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nessy Capital Acquisition Corp. II and Hennessy Capital Acquisition Corp. III. Access to NewHold Enterprises’ Proprietary Network of Family Offices and High Net Worth Individuals NewHold Enterprises sources capital from a series of family offices, each with generally over $1 billion of assets under management, and serves as a direct investing platform for such investors, allowing them to leverage their infrastructure and complement their traditional private equity book. NewHold Enterprises’ network currently consists of more than 100 family offices and more than 95 high net worth investors. 126 Extensive Experience of Investing in Middle-Market Growth Assets Our team has extensive experience sourcing and investing in middle market growth companies through private and public investment vehicles. Our focus on flexible hold periods and ownership structures enhances the optionality companies have to focus on operations and integration, and better aligns financial incentives with progressive growth initiatives. Our vehicle and strategy are complementary to NewHold Enterprises’ diversified industrials business. With this offering, we seek to offer growth equity to industrial technology companies looking for an alternative to traditional private equity. Prior SPAC Experience Below are the SPAC business combinations in which members of our management team (excluding our advisor) have participated, along with certain other information: • SPAC (Hennessy Capital Acquisition Corp.), Target (Blue Bird Corp.).SPAC consummated its IPO on January23, 2014 for 11,500,000 units, including the full exercise of the underwriters’ overallotment option of 1,500,000 units, with each unit consisting of one share of common stock, $0.0001 par value and one redeemable warrant to purchase one -halfof one share of common stock at an exercise price of $5.75 per half share, at $10.00 per share, generating gross proceeds of $115,000,000. No extension of SPAC term. Approximately [_]% redemptions in connection with the business combination. Blue Bird Corp. trades on Nasdaq under the symbol “BLBD”, and the price of the common stock has ranged from $[_] to $[_] following consummation of the business combination, with a closing price of $[_] on September30, 2024. • SPAC (Hennessy Capital Acquisition Corp. II), Target (Daseke, Inc.).SPAC consummated its IPO on July28, 2015 for 17,500,000 units, with each unit consisting of one share of common stock, $0.0001 par