Company: NHICW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110027
Chunk: 2

Company: NewHold Investment Corp. III
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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    Interest income on operating account 
     14,000  
     33,000  
     - 
  
    Other income 
     2,172,000  
     4,989,000  
     - 
  
    Net income (loss) 
    $1,911,000  
    $4,192,000  
    $(38,000)

    Weighted average shares of Class A ordinary outstanding - basic and diluted 
     20,905,100  
     16,157,000  
     - 
  
    Class A ordinary shares – basic and diluted net income per share 
    $0.07  
    $0.18  
    $- 

    Weighted average Class B ordinary shares outstanding(1)(2) – Basic and diluted 
     6,707,663  
     6,707,663  
     5,832,750 
  
    Class B ordinary shares – Basic and diluted net income (loss) per share 
    $0.07  
    $0.18  
    $(0.01)

(1)Excludes 874,912 Class B ordinary shares subject to forfeiture
if the over-allotment option is not exercised in full or in part by the underwriters (see Note 8).

(2)Share amounts at September 30, 2024 have been retroactively
restated to reflect to share recapitalization subsequent to September 30, 2024, in October 2024, that resulted in the issuance of an
additional 1,676,413 Class B ordinary shares in October 2024 (see Notes 5 and 8).

The accompanying notes are an integral part of
these unaudited condensed financial statements.

2

NEWHOLD INVESTMENT CORP III
CONDENSED STATEMENTS OF CHANGES IN SHAREHOLDERS’ DEFICIT

(UNAUDITED)

For the three months ended September 30, 2025:

    Ordinary Shares  

    Class A Ordinary Shares  
    Amount  
    Class B  Ordinary Shares  
    Amount  
    Additional Paid-in Capital  
    Accumulated Deficit  
    Total Shareholders’ Deficit 
  
    Balances, June 30, 2025 (unaudited) 
     780,100  
    $    -  
     6,707,