Company: NHICW
Filing Date: 2025-01-02
Form Type: S-1
Source: 0001213900-25-000455
Chunk: 370

Company: NewHold Investment Corp. III
Filing Date: 2025-01-02
Form: S-1
Chunk 370
---
 the outstanding ordinary shares. A rights offering made to all or substantially all holders of ordinary shares entitling holders to purchase Class A ordinary shares at a price less than the fair market value will be deemed a share capitalization of a number of Class A ordinary shares equal to the product of (i) the number of Class A ordinary shares actually sold in such rights offering (or issuable under any other equity securities sold in such rights offering that are convertible into or exercisable for Class A ordinary shares) and (ii) the quotient of (x) the price per Class A ordinary share paid in such rights offering and (y) the fair market value. For these purposes (i) if the rights offering is for securities convertible into or exercisable for Class A ordinary shares, in determining the price payable for Class A ordinary shares, there will be taken into account any consideration received for such rights, as well as any additional amount payable upon exercise or conversion and (ii) fair market value means the volume weighted average price of Class A ordinary shares as reported during the ten (10) trading day period ending on the trading day prior to the first date on which the Class A ordinary shares trade on the applicable exchange or in the applicable market, regular way, without the right to receive such rights. Note 4 — Private Placement The Sponsor and the underwriters in the Proposed Public Offering have committed to purchase an aggregate of 712,500 units (or 778,125 Private Placement Units if the over -allotmentoption is exercised in full), consisting of one Class A ordinary share and one half warrant in which each whole warrant is exercisable to purchase one Class A ordinary share at $11.50 per share, at a price of $10.00 per unit, or $7,125,000 in the aggregate (or $7,781,250 if the over -allotmentoption is exercised in full), in a private placement that will close simultaneously with the closing of the Proposed Public Offering. Of those 712,500 Private Placement Units, the Sponsor has agreed to purchase 537,500 Private Placement Units (or 550,625 Private Placement Units if the over -allotmentoption is exercised in full) and the underwriters in the Proposed Public Offering have agreed to purchase 175,000 Private Placement Units (or 227,500 private placement units if the over -allotmentoption is exercised in full). Each whole warrant entitles the registered holder to purchase one Class A ordinary share at a price of $11.50