Company: NHICW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110027
Chunk: 106

Company: NewHold Investment Corp. III
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 2
Chunk 106
---
 as we do not believe third parties will be willing to loan
such funds and provide a waiver against any and all rights to seek access to funds in our Trust Account.

Moreover, we may need to obtain
additional financing to complete our initial business combination, either because the transaction requires more cash than is available
from the proceeds held in our Trust Account or because we become obligated to redeem a significant number of our public shares upon completion
of the business combination, in which case we may issue additional securities or incur debt in connection with such business combination.
If we raise additional funds through equity or convertible debt issuances, our public shareholders may suffer significant dilution and
these securities could have rights that rank senior to our public shares. If we raise additional funds through the incurrence of indebtedness,
such indebtedness would have rights that are senior to our equity securities and could contain covenants that restrict our operations.
Further, as described above, due to the anti-dilution rights of our founder shares, our public shareholders may incur material dilution.
In addition, we intend to target businesses with enterprise values that are greater than we could acquire with the net proceeds of this
offering and the sale of the private units, and, as a result, if the cash portion of the purchase price exceeds the amount available from
the Trust Account, net of amounts needed to satisfy any redemptions by public shareholders, we may be required to seek additional financing
to complete such proposed initial business combination. We may also obtain financing prior to the closing of our initial business combination
to fund our working capital needs and transaction costs in connection with our search for and completion of our initial business combination.
There is no limitation on our ability to raise funds through the issuance of equity or equity-linked securities or through loans, advances
or other indebtedness in connection with our initial business combination, including pursuant to forward purchase agreements or backstop
agreements we may enter into following consummation of this offering. Subject to compliance with applicable securities laws, we would
only complete such financing simultaneously with the completion of our initial business combination. If we are unable to complete our
initial business combination because we do not have sufficient funds available to us, we will be forced to liquidate the Trust Account.
In addition, following our initial business combination, if cash on hand is insufficient, we may need to obtain additional financing in
order to meet our obligations.

Off-balance sheet financing arrangements

As of September 30, 2025,
we have no obligations, assets