other material
confidence high
sentiment neutral
materiality 0.50
NewHold Investment Corp IV closes $201.25M SPAC IPO, including full over-allotment
NewHold Investment Corp IV
- IPO of 20,125,000 units at $10/unit, including full exercise of underwriters' 2,625,000-unit over-allotment option.
- Gross proceeds of $201.25M placed in trust; 24-month deadline to complete initial business combination.
- Simultaneous private placement of 641,250 units at $10/unit to sponsor (440,000) and BTIG (201,250).
- Units listed on Nasdaq (NHIVU) from April 15; shares (NHIV) and warrants (NHIVW) to trade separately.
- BTIG acted as sole book-running manager; IPO declared effective by SEC on April 14, 2026.