Company: NHICW
Filing Date: 2025-01-02
Form Type: S-1
Source: 0001213900-25-000455
Chunk: 265

Company: NewHold Investment Corp. III
Filing Date: 2025-01-02
Form: S-1
Chunk 265
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 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 sponsor and BTIG have committed, pursuant to written agreements, to purchase an aggregate of 712,500 private units (778,125 if the underwriters’ over -allotmentoption is exercised in full), each 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 ($7,781,250 if the underwriters’ over -allotmentoption is exercised in full), in a private placement that will occur simultaneously with the closing of this offering. Of these private units, our sponsor has agreed to purchase 537,500 private units (or 550,625 private units if the over -allotmentoption is exercised in full) and BTIG has agreed to purchase 175,000 private units (or 227,500 private units if the over -allotmentoption is exercised in full). The non -managingsponsor investors have indicated an interest to indirectly purchase, through the purchase of non -managingsponsor membership interests, an aggregate of 422,500 private units ($4,225,000 in the aggregate) at a price of $10.00 per unit (or 435,625 private units ($4,356,250 in the aggregate ) if the over -allotmentoption is exercised in full) in a private placement that will close simultaneously with the closing of this offering. Subject to each non -managingsponsor investor indirectly purchasing, through non -managingsponsor membership interests, the private units allocated to it in connection with the closing

166 of this offering, the sponsor will issue membership interests at a nominal purchase price to the non -managingsponsor investors reflecting interests in an aggregate of [_] founder shares ([_] founder shares if the over -allotmentoption is exercised in full) held by the sponsor. The private units will be identical to the units sold in this offering except that, so long as they are held by our sponsor or its permitted transferees, the private units (including the component securities as well as any securities underlying those component securities) (i) may not, subject to certain limited exceptions, be transferred, assigned or sold by the holders until 30 days after the completion of our initial business combination, (ii) will be entitled to registration rights and (