other material
confidence high
sentiment neutral
materiality 0.60
NewHold III closes $201M IPO; trust funded with $202.3M; amends auditor name
NewHold Investment Corp. III
- Issued 20,125,000 units at $10.00 each, gross proceeds $201,250,000; underwriter option exercised in full.
- Private placement of 780,100 units at $10.00 each raised $7,801,000 from Sponsor and BTIG.
- Total of $202,256,000 deposited in trust account; balance sheet shows $204,311,000 total assets.
- Class A ordinary shares subject to possible redemption of $202,256,000; accumulated deficit $5,071,000.
- 8-K/A filed solely to correct company name in auditor's report; no other changes to original filing.