Company: NHICW
Filing Date: 2025-02-20
Form Type: S-1/A
Source: 0001213900-25-015373
Chunk: 317

Company: NewHold Investment Corp. III
Filing Date: 2025-02-20
Form: S-1/A
Chunk 317
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 Form 10 type information with the SEC reflecting its status as an entity that is not a shell company. As a result, our initial shareholders will be able to sell their founder shares and private units, as applicable, pursuant to Rule 144 without registration one year after we have completed our initial business combination. Registration Rights The holders of the (i) founder shares, which were issued in a private placement prior to the closing of this offering, (ii) private units (including the component securities as well as any securities underlying those component securities), which will be issued in a private placement simultaneously with the closing of this offering and (iii) private units (including the component securities as well as any securities underlying those component securities) that may be issued upon conversion of working capital loans will have registration rights to require us to register a sale of any of our securities held by them and any other securities of the company acquired by them prior to the consummation of our initial business combination pursuant to a registration rights agreement to be signed prior to or on the effective date of this offering. Pursuant to the registration rights agreement and assuming the underwriters exercise their over -allotmentoption in full and $1,500,000 of working capital loans are converted into private units, we will be obligated to register up to 8,102,813 Class A ordinary shares. The number of Class A ordinary shares includes (i) 6,707,663 Class A ordinary shares to be issued upon conversion of the founder shares, (ii) 780,100 Class A ordinary shares underlying the private units, (iii) 390,050 Class A ordinary shares underlying the private warrants, (iv) 150,000 Class A ordinary shares underlying the units issued upon conversion of working capital loans, and (v) 75,000 Class A ordinary shares underlying the working capital private units. In addition, we will also be obligated to register up to 465,050 warrants, consisting of (i) 390,050 private warrants and (ii) 75,000 working capital warrants. The holders of these securities are entitled to make up to three demands, excluding short form demands, that we register such securities. In addition, the holders have certain “piggy -back” registration rights with respect to registration statements filed subsequent to our completion of our initial business combination. The registration rights granted to the underwriter are limited to one demand and unlimited “piggy -back” rights for periods of five and seven years, respectively, from the commencement of sales of this