Company: NHICW
Filing Date: 2025-01-17
Form Type: S-1/A
Source: 0001213900-25-004337
Chunk: 45

Company: NewHold Investment Corp. III
Filing Date: 2025-01-17
Form: S-1/A
Chunk 45
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 believe, a more attractive business combination partner for target businesses. |

____________ (1)Assumes no exercise of the underwriters’ over -allotmentoption. (2)Includes up to 874,912 founder shares that will be surrendered to us for no consideration depending on the extent to which the underwriters’ over -allotmentoption is exercised. (3)Comprised of 17,500,000 Class A ordinary shares included in the units to be sold in this offering, 5,832,750 Class B ordinary shares (or founder shares), and 712,500 Class A ordinary shares included in the private units. Founder shares are currently classified as Class B ordinary shares, which shares will automatically convert into Class A ordinary shares concurrently with or immediately following the consummation of our initial business combination or earlier at the option of the holder on a one -for -onebasis, subject to adjustment as described below adjacent to the caption “Founder shares conversion and anti -dilutionrights.” (4)Assumes surrender of all 874,912 founder shares. Up to 874,912 founder shares will be surrendered to us for no consideration depending on the extent to which the underwriters’ over -allotmentoption is exercised. (5)Comprised of 8,750,000 public warrants included in the units to be sold in this offering (assuming no exercise of the underwriters’ over -allotmentoption) and 356,250 private warrants included in the private units to be sold in the private placement.

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| Exercise price:  |     | $11.50 per share, subject to adjustments as described herein.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
 In addition, if (x) we issue additional Class A ordinary shares or equity-linked securities for capital raising purposes in connection with the closing of our initial business combination at an issue price or effective issue price of less than $9.20 per Class A ordinary share (with such issue price or effective issue price to be determined in good faith by our board of directors and, in the case of any such issuance to our initial shareholders or their affiliates, without taking into account any founder shares held by our initial shareholders or such affiliates, as applicable, prior to such issuance) (the “Newly Issued Price”), (y) the aggregate gross proceeds from such issuances represent more than 60% of the total equity proceeds (including from such issuances and this offering), and interest thereon