Company: NHICW
Filing Date: 2025-02-20
Form Type: S-1/A
Source: 0001213900-25-015373
Chunk: 265

Company: NewHold Investment Corp. III
Filing Date: 2025-02-20
Form: S-1/A
Chunk 265
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 874,912 founder shares that will be surrendered for no consideration depending on the extent to which the underwriters’ over -allotmentoption is exercised. (5)The non -managingsponsor investors have expressed to us an interest in purchasing (i) up to an aggregate of approximately 6,125,000 units in this offering at the offering price and (ii) through the sponsor, an aggregate of 398,400 private units at a price of $10.00 per unit ($3,984,000 in the aggregate); subject to each non -managingsponsor investor indirectly purchasing, through non -managingsponsor membership interests, the private units allocated to it in connection with the closing of this offering, the sponsor will issue membership interests at a nominal purchase price to the non -managingsponsor investors at the closing of this offering reflecting interests in an aggregate of 2,876,522 founder shares (or 3,308,000 founder shares if the over -allotmentoption is exercised in full). The non -managingsponsor investors are not granted any shareholder or other rights afforded to our other public shareholders, and will only be issued membership interests in the sponsor, with no right to control the sponsor or vote or dispose of any securities held by the sponsor, including the founder shares held by the sponsor. Immediately after this offering, our initial shareholders (assuming they do not purchase any units in this offering) will beneficially own 25% of the then issued and outstanding ordinary shares (not including the Class A ordinary shares that are included within the private units). Prior to the closing of our initial business combination, only holders of our Class B ordinary shares will be entitled to vote on the appointment and removal of directors or continuing the company in a jurisdiction outside the Cayman Islands (including any special resolution required to amend our constitutional documents or to adopt new constitutional documents, in each case, as a result of our approving a transfer by way of continuation in a jurisdiction outside the Cayman Islands). Because of this ownership block, our initial shareholders may be able to effectively influence the outcome of all other matters requiring approval by our shareholders, including the appointment and removal of directors or continuing the company in a jurisdiction outside the Cayman Islands (including any special resolution required to amend our constitutional documents or to adopt new constitutional documents, in each case, as a result of our approving a transfer by way of continuation in a jurisdiction outside the Cayman Islands), and approval of significant corporate transactions including our initial business combination. Our