Company: NHICW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110027
Chunk: 34

Company: NewHold Investment Corp. III
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 34
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 loss: The CODM works to maintain costs at a competitive level in its everyday operations. The CODM works
to optimize its investment income on the limited choices of available assets based on market conditions. The CODM assesses performance
for the single segment and decides how to allocate resources based on net income or loss that also is reported on the statement of operations
as net income or loss. The measure of segment assets is reported on the balance sheet as total assets. When evaluating the Company’s
performance and making key decisions regarding resource allocation, the CODM reviews several key metrics included in net income or loss
and total assets, which include the following: (a) expenses of maintaining its public reporting including accounting, auditing, legal,
listing and regulatory, insurance, and (b) search for a business combination candidate, (c) diligence, financing, reporting and closing
activities and (d) managing investments in the Trust Account in order to generate return for shareholders consistent with the regulations
surrounding such investments.

Note 10 — Subsequent Events

The Company evaluated subsequent events and transactions
that occurred after the condensed balance sheet date through the date that the condensed financial statements were issued. Based upon
this review, the Company did not identify any subsequent events that would have required adjustment or disclosure in the condensed financial
statements.

20

Item 2. Management’s Discussion and Analysis
of Financial Condition and Results of Operations

References in this Quarterly
Report on Form 10-Q (the “Quarterly Report”) to “we,” “us” or the “Company” refer to NewHold
Investment Corp III References to our “management” or our “management team” refer to our officers and directors,
and references to the “Sponsor” refer to NewHold Industrial Technology III LLC. The following discussion and analysis of the
Company’s financial condition and results of operations should be read in conjunction with the audited financial statements as of
December 31, 2024 and for the period from August 18, 2024 (inception) to December 31, 2024 included in the Company’s final prospectus
for its initial public offering (the “Initial Public Offering”) filed with the SEC on March 3, 2025 as well as the audited
Closing Balance Sheet as of March 3, 2025 included in the Current Report on Form 8-K filed with the SEC on March 6, 2025.

Certain information contained
in the discussion and analysis set forth below