Company: NHICW
Filing Date: 2025-01-02
Form Type: S-1
Source: 0001213900-25-000455
Chunk: 359

Company: NewHold Investment Corp. III
Filing Date: 2025-01-02
Form: S-1
Chunk 359
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, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar Business Combination with one or more businesses (the “Business Combination”). The Company has not selected any specific Business Combination target and the Company has not, nor has anyone on its behalf, engaged in any substantive discussions, directly or indirectly, with any Business Combination target with respect to an initial Business Combination with the Company. As of September 30, 2024, the Company had not commenced any operations. All activity for the period from August 13, 2024 (inception) through September 30, 2024 relates to the Company’s formation and the Proposed Public Offering (as defined below). The Company will not generate any operating revenues until after the completion of its initial Business Combination, at the earliest. The Company will generate non -operatingincome in the form of interest income on investments from the proceeds derived from the Proposed Public Offering (as defined below). The Company has selected December 31 as its fiscal year end. All dollar amounts are rounded to the nearest thousand dollars. Sponsor and Proposed Financing The Company’s Sponsor is NewHold Industrial Technology III LLC (the “Sponsor”). The Company’s ability to commence operations is contingent upon obtaining adequate financial resources through a Proposed Public Offering of 17,500,000 units at $10.00 per unit (the “Public Units”) (or 20,125,000 Units if the underwriters’ over -allotmentoption is exercised in full), which is discussed in Note 3 (the “Proposed Public Offering”), and the sale of an aggregate of 712,500 Private Placement Units (the “Private Placement Units”) (or 778,125 Private Placement Units if the over -allotmentoption is exercised in full) to the Sponsor and the underwriters of the Proposed Public Offering, at a price of $10.00 per unit, or $7,125,000 in the aggregate (or $7,781,250 if the over -allotmentoption is exercised in full), in a private placement that will close simultaneously with the Proposed Public Offering. Each Unit consists of one Class A ordinary share and one -halfof one redeemable warrant. Of those 712,500 Private Placement Units, the Sponsor has agreed to purchase 537,500 Private Placement Units (or 550,625 Private Placement Units if the over -allotmentoption is exercised in full) and the underwriters in the Proposed Public Offering have agreed to purchase 175,000 Private Placement