Company: NHICW
Filing Date: 2025-05-13
Form Type: 10-Q
Source: 0001213900-25-042195
Chunk: 50

Company: NewHold Investment Corp. III
Filing Date: 2025-05-13
Form: 10-Q
Item: Part I, Item 2
Chunk 50
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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 includes forward-looking statements that involve risks and uncertainties.

Special Note Regarding Forward-Looking Statements

All statements other than statements of historical
fact included in this Quarterly Report including, without limitation, statements under this Item regarding our financial position, business
strategy and the plans and objectives of Management for future operations, are forward-looking statements. When used in this Quarterly
Report, words such as “anticipate,” “believe,” “estimate,” “expect,” “intend”
and similar expressions, as they relate to us or our management, identify forward-looking statements. Such forward-looking statements
are based on the beliefs of our management, as well as assumptions made by, and information currently available to, our management. Actual
results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in our
filings with the SEC. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are
qualified in their entirety by this paragraph.

The following discussion and analysis of our financial
condition and results of operations should be read in conjunction with the unaudited condensed financial statements and the notes thereto
included in this Quarterly Report under “Item 1. Financial Statements.”

Overview

We are a blank check company incorporated on August 13, 2024 as
a Cayman Islands exempt