Company: NHICW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076495
Chunk: 70

Company: NewHold Investment Corp. III
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 70
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 and any target business with which the Company may ultimately consummate an initial business combination.

Registration Rights

The holders of the Founder Shares, Private Placement
Units and the Class A ordinary shares underlying the warrants contained in such Private Placement Units and Units that
may be issued upon conversion of the Working Capital Loans have registration rights to require the Company to register for resale of any
of the Company’s securities held by them and any other securities of the Company acquired by them prior to the consummation of the
initial Business Combination pursuant to a registration rights agreement. The holders of these securities are entitled to make up to three
demands, excluding short form demands, that the Company registers such securities. In addition, the holders have certain piggyback registration
rights with respect to registration statements filed subsequent to the completion of the initial Business Combination. The Company will
bear the expenses incurred in connection with the filing of any such registration statements.

Underwriters’ Agreement

The underwriters had a 45-day option from the
date of the Public Offering to purchase up to an additional 2,625,000 units to cover over-allotments, which option was exercised
in full at closing.

The underwriters were paid a cash underwriting
discount of $4,025,000 in the aggregate including the exercise in full of the underwriters’ over-allotment option) (the “Base
Fee”) as well as reimbursement of $50,000 of expenses, upon the closing of the Public Offering. Additionally, the underwriters will
be entitled to a deferred underwriting discount of $7,043,750 in the aggregate including the underwriters’ exercise in full of the
over-allotment option, payable to the underwriters only upon the consummation of an initial Business Combination. The deferred underwriting
discount will be payable to the underwriters upon the closing of the initial Business Combination in three portions, as follows: (i) $0.15
per unit sold in the Public Offering shall be paid to the underwriters in cash, (ii) up to $0.10 per unit sold in the Public Offering
shall be paid to the underwriters in cash, based on the funds remaining in the Trust Account after giving effect to Class A ordinary shares
that are redeemed in connection with an initial Business Combination and (iii) $0.10 per unit sold in the Public Offering shall be paid
to the underwriters in cash (such aggregate amount, the “Allocable Amount”), provided