Company: NHICW
Filing Date: 2025-03-06
Form Type: 8-K
Source: 0001213900-25-020898
Chunk: 3

Company: NewHold Investment Corp. III
Filing Date: 2025-03-06
Form: 8-K
Item: Item 8.01
Chunk 3
---
Item 8.01. Other Events.

A total of $202,256,250, comprised of the proceeds from the IPO and
the sale of the Private Placement Units (which amount includes $7,043,750 of the underwriter’s deferred discount), was placed in
a U. S.-based trust account maintained by Continental Stock Transfer & Trust Company, acting as trustee. Except with respect to interest
earned on the funds in the trust account that may be released to the Company to pay its taxes and for winding up and dissolution expenses,
the funds held in the trust account will not be released from the trust account until the earliest of (i) the completion of the Company’s
initial business combination, (ii) the redemption of the Company’s public shares if it is unable to complete its initial business
combination within 24 months from the closing of the IPO (or by such earlier liquidation date as the Company’s board of directors
may approve), subject to applicable law, and (iii) the redemption of the Company’s public shares properly submitted in connection
with a shareholder vote to amend the Company’s Amended and Restated Memorandum and Articles of Association to modify the substance
or timing of its obligation to redeem 100% of the Company’s public shares if it has not consummated an initial business combination
within 24 months from the closing of the IPO or with respect to any other material provisions relating to shareholders’ rights or
pre-initial business combination activity.

On February 27, 2025, the
Company issued a press release announcing the pricing of the IPO, a copy of which is attached as Exhibit 99.1 to this Current Report on
Form 8-K.

On March 3, 2025, the Company
issued a press release announcing the closing of the IPO, a copy of which is attached as Exhibit 99.2 to this Current Report on Form 8-K.

Item 9.01 Financial Statements and Exhibits.