Company: NHICW
Filing Date: 2025-01-02
Form Type: S-1
Source: 0001213900-25-000455
Chunk: 141

Company: NewHold Investment Corp. III
Filing Date: 2025-01-02
Form: S-1
Chunk 141
---
 A ordinary share(1)                |     | $ |       10.00 |
| Sponsor’s investment per Class B ordinary share(2)                           |     | $ |       0.004 |
| Initial implied value per public share(3)                                    |     | $ |        9.70 |
| Implied value per share upon consummation of initial business combination(4) |     | $ |        7.06 |

____________ (1)While the public shareholders’ investment is in both the public shares and the public warrants, for purposes of this table the full investment amount is ascribed to the public shares only. (2)The total investment in the equity of the company by the sponsor and the underwriters is $7,150,000, consisting of (i) $25,000 paid by the sponsor for the founder shares, (ii) $7,125,000 paid by the sponsor and the underwriters for 712,500 private units. For purposes of this table, the full investment amount is ascribed to the founder shares only. (3)Initial implied value per public share is defined as the funds available for the initial business combination (assuming the underwriters’ over -allotmentoption is not exercised and following payment of the underwriters’ deferred fee) divided by the public shares issued of 17,500,000 (assuming the underwriters’ over -allotmentoption is not exercised). (4)All founder shares would automatically convert into Class A ordinary shares upon completion of our initial business combination or earlier at the option of the holder. Based on these assumptions, each Class A ordinary share would have an implied value of $7.06 per share upon completion of our initial business combination, representing an approximately 27% decrease from the initial implied value of $9.70 per public share. While the implied value of $7.06 per Class A ordinary share upon completion of our initial business

89 combination would represent a dilution to our public shareholders, this would represent a significant increase in value for our sponsor relative to the price it paid for each founder share. At $10.00 per Class A ordinary share, the 5,832,750 Class A ordinary shares that the sponsor would own upon completion of our initial business combination (after automatic conversion of the 5,832,750 founder shares) would have an aggregate implied value of $[_]. As a result, even if the trading price of our Class A ordinary share significantly declines, the value of the