Company: NHICW
Filing Date: 2025-03-06
Form Type: 8-K
Source: 0001213900-25-020898
Chunk: 1

Company: NewHold Investment Corp. III
Filing Date: 2025-03-06
Form: 8-K
Item: Item 3.02
Chunk 1
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Item 3.02. Unregistered Sales of Equity Securities.

Simultaneously with the closing
of the IPO, pursuant to the Private Placement Units Purchase Agreements, the Company completed the private placement of an aggregate of
780,100 units (the “ Private Placement Units”) to the Sponsor and BTIG, LLC, the representative of the underwriters,
at $10.00 per Unit, each Unit consisting of one Class A Ordinary Share and one-half of one redeemable Warrant, each whole Warrant exercisable
to purchase one Class A Ordinary Share of the Company. Of those 780,100 Private Placement Units, the Sponsor purchased 552,600 Private
Placement Units and BTIG, LLC purchased 227,500 Private Placement Units. The Warrants contained in the Private Placement Units are identical
to the Warrants included in the Units sold in the IPO, except as otherwise disclosed in the Registration Statement. No underwriting discounts
or commissions were paid with respect to such sale. The issuance of the Private Placement Units was made pursuant to the exemption from
registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended.

Item 5.02. Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On February 27, 2025, the Company entered into
indemnity agreements with each of its directors and officers that require the Company to indemnify each of them to the fullest extent
permitted by applicable law and to advance expenses incurred as a result of any proceeding against them as to which they could be indemnified.
The foregoing summary of the indemnity agreements does not purport to be complete and is subject to, and qualified in its entirety by,
the full text of the form of indemnity agreement, which is filed as Exhibits 10.7 to this Current Report on Form 8-K and incorporated
in this Item 5.02 by reference.

Item 5.03. Amendments to Certificate of Incorporation or
Bylaws; Change in Fiscal Year.

On February 27, 2025, in
connection with the IPO, the Company filed its amended and restated memorandum and articles of association (the “ Amended and
Restated Memorandum and Articles of Association”) with the Cayman Islands Registrar of Companies, which was effective on February
27, 2025. The terms of the Amended and Restated Memorandum and