NewHold enters forward purchase agreement for up to 7M shares to boost cash for newcleo merger

NewHold Investment Corp. III

Forward Purchase Agreement with unaffiliated seller for up to 7,000,000 NewHold shares; seller waives redemption rights on those shares.
Prepayment amount from trust account at ~$10.65 per share (as of Sept 9, 2026), paid at closing of business combination.
Maturity up to 24 months post-closing; physical settlement if shareholder approval obtained, else cash settlement.
Purpose: increase cash available to combined company post-merger; no redemption requests received to date.
Proxy statement supplemented with details; no change to meeting date, record date, or proposals.

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