NewHold Industrial Technology III LLC bought NHIC
March 3, 2025 · Form 4 insider transaction
NewHold Industrial Technology III LLC bought 276,300 shares of NewHold Investment Corp III, a transaction worth N/A. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
Simultaneously with the consummation of the Company's initial public offering, NewHold Industrial Technology III LLC (the "Sponsor") acquired, at a price of $10.00 per unit, 552,600 units (the "Private Units") in a private placement for an aggregate purchase price of $5,526,000. Each Private Unit consists of one Class A ordinary share, par value $0.0001, and one-half of one warrant.; The Private Units were purchased for $10.00 per unit.; The warrants included in the Private Units will become exercisable at any time commencing 30 days after the completion of the Company's initial business combination.; The warrants will expire five years after the completion of the Company's initial business combination, at 5:00 p.m., New York City time, or earlier upon redemption or liquidation.