Company: NHICW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076495
Chunk: 0

Company: NewHold Investment Corp. III
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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Item 1. Interim Financial Statements.

NEWHOLD INVESTMENT CORP III
CONDENSED BALANCE SHEETS

    June 30, 2025  
    December 31, 2024 

    (unaudited)  

    ASSETS 

    Current assets: 

    Cash and cash equivalents 
    $1,567,000  
    $55,000 
  
    Prepaid expenses 
     235,000  
     - 
  
    Deferred offering costs 
     -  
     327,000 
  
    Total current assets 
     1,802,000  
     382,000 

    Investments held in Trust Account 
     205,054,000  
     - 
  
    Total assets 
    $206,856,000  
    $382,000 

    LIABILITIES, CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS’ DEFICIT 

    Current liabilities: 

     Accounts payable (including approximately $75,000 and $0 of offering costs at June 30, 2025 and December 31, 2024, respectively) 
    $94,000  
    $- 
  
     Accrued liabilities (including approximately $0 and $207,000 of offering costs at June 30, 2025 and December 31, 2024, respectively) 
     96,000  
     207,000 
  
    Promissory note – related party 
     -  
     240,000 
  
    Total current liabilities 
     190,000  
     447,000 
  
    Other liabilities: 

    Deferred underwriting fee payable 
     7,044,000  
     - 
  
    Total liabilities 
     7,234,000  
     447,000 
  
    Commitments and contingencies 

    Class A ordinary shares subject to possible redemption; 20,125,000 and 0 shares at $10.19 and $0.00 per share at June 30, 2025 and December 31, 2024, respectively 
     205,054,000  
     - 
  
    Shareholders’ deficit: 

    Preferred stock, $0.0001 par value; 1,000,000 authorized shares; none issued or outstanding at