Company: NHICW
Filing Date: 2025-02-20
Form Type: S-1/A
Source: 0001213900-25-015373
Chunk: 55

Company: NewHold Investment Corp. III
Filing Date: 2025-02-20
Form: S-1/A
Chunk 55
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Hold Industrial Technology III LLC, and BTIG have committed to purchase an aggregate of 712,500 private units (or 780,100 private units if the over-allotment option is exercised in full) at a price of $10.00 per unit, for an aggregate purchase price of $7,125,000 (or $7,801,000 if the over-allotment option is exercised in full). Of these private units, our sponsor has agreed to purchase 537,500 private units (or 552,600 private units if the over-allotment option is exercised in full) and BTIG has agreed to purchase 175,000 private units (or 227,500 private units if the over-allotment option is exercised in full). The private units will also be worthless if we do not complete our initial business combination. A portion of the purchase price of the private units will be added to the proceeds from this offering to be held in the trust account such that at the time of closing of this offering $175,875,000 (or $202,256,250 if the underwriters exercise their over-allotment option in full) will be held in the trust account. 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 (iii) with respect to private warrants held by the underwriters and/or their designees, will not be exercisable more than five years from the commencement of sales in this offering in accordance with FINRA Rule 5110(g)(8). If we do not complete our initial business combination within the completion window, the private units will expire worthless. |

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|                                         |     | The non-managing sponsor investors have indicated an interest to indirectly purchase, through the purchase of sponsor membership interests, an aggregate of 398,400 private units at a price of $10.00 per unit ($3,984,000 in the aggregate) or (413,500 private units ($4,135,000 in the aggregate) if the over-allotment option is exercised in full) in a private placement that will close simultaneously with the closing of this offering. Subject