Recent 8-K filings for NHIC
Highest-materiality recent filing
NewHold SPAC signs definitive agreement to merge with Newcleo at $2.35B equity value
- Base equity value of Newcleo set at $2.35B; minimum total cash proceeds required at closing: $200M.
- SPAC sponsor to forfeit a portion of shares if trust cash proceeds are below $400M, subject to fees cap of $14M.
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NewHold shareholders approve business combination with newcleo plc; close expected Sept 21
Business Combination Proposal passed 19,986,437 votes for vs 1,286,410 against (2 abstentions).
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NewHold enters forward purchase agreement for up to 7M shares to boost cash for newcleo merger
Forward Purchase Agreement with unaffiliated seller for up to 7,000,000 NewHold shares; seller waives redemption rights on those shares.
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NewHold Investment Corp III announces business combination with Newcleo valued at ~$2.4B
Pre-money equity value of Newcleo ~$2.4B; gross proceeds up to $429M from $220M PIPE + up to $209M trust cash.
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NewHold SPAC signs definitive agreement to merge with Newcleo at $2.35B equity value
Base equity value of Newcleo set at $2.35B; minimum total cash proceeds required at closing: $200M.
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NewHold III closes $201M IPO; trust funded with $202.3M; amends auditor name
Issued 20,125,000 units at $10.00 each, gross proceeds $201,250,000; underwriter option exercised in full.
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NewHold Investment Corp III closes $201.25M SPAC IPO, over-allotment fully exercised
Gross proceeds of $201.25M from selling 20.125M units at $10.00/unit, including 2.625M over-allotment units.
Materiality & sentiment trend
Max materiality 0.90 · Median 0.72 · Most common event m_and_a