Company: NHICW
Filing Date: 2025-01-17
Form Type: S-1/A
Source: 0001213900-25-004337
Chunk: 31

Company: NewHold Investment Corp. III
Filing Date: 2025-01-17
Form: S-1/A
Chunk 31
---
 of our initial public offering exercised their over -allotmentoption in part and purchased 3,165,000 units at an offering price of $10.00 per unit, generating gross proceeds of approximately $31,650,000. No extension of SPAC term. Approximately [_]% redemptions in connection with the business combination. In November 2019, NRC Group Holdings Corp. was acquired by US Ecology, Inc. (NASDAQ -GS: ECOL) in an all -stocktransaction with an enterprise value of $966million. • SPAC (NHIC I), Target (Evolv Technologies, Inc.).SPAC consummated its IPO on August4, 2020 for 17,250,000 units, with each unit consisting of one share of the Company’s Class A common stock, $0.0001 par value and one -halfof one redeemable warrant, at $10.00 per share, generating gross proceeds of $172,500,000. No extension of SPAC term. Approximately [_]% redemptions in connection with the business combination. Evolv Technologies, Inc. trades on Nasdaq under the symbol “EVLV”, 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. 10 • SPAC (NHIC II).SPAC consummated its IPO on October25, 2021 for 17,500,000 units, with each unit consisting of one share of the Company’s Class A common stock, $0.0001 par value and one -halfof one redeemable warrant, at $10.00 per share, generating gross proceeds of $175,000,000. Subsequently, on October26, 2021, the underwriters partially exercised the over -allotmentoption and purchased an additional 1,990,000 units on October29, 2021. No extension of SPAC term. NHIC II was dissolved and liquidated on May8, 2023 because NHIC II was unable to file a registration statement with the SEC in connection with its initial business combination within the time period required by its amended and restated certificate of incorporation. However, in recent years, a number of target businesses have underperformed financially post -businesscombination with a SPAC. As a result, we cannot assure you that we will properly ascertain or assess all of