NewHold Investment Corp. III
Completed 2026-09-22- CIK 2043699
- NHIC
- Now NWCL
- IPO 2025-03-03
- $213M trust
- 86 filings
Successfully merged with NewCleo Ltd. • Now trading as NWCL
- IPO Size
- $201M
- raised at the IPO
- Trust
- $213M
- as of 2026-06-30
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2025
- year it listed
Filings, by quarter
86 filings over 8 quarters; violet bars carry a milestone
- 24 Q4: 7 filings
- 25 Q1: 19 filings
- 25 Q2: 14 filings
- 25 Q3: 3 filings
- 25 Q4: 2 filings
- 26 Q1: 0 filings
- 26 Q2: 24 filings
- 26 Q3: 17 filings
- S-1 filed 24 Q4
- IPO 25 Q1
- Definitive agreement 26 Q2
- Completed 26 Q3
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
About
NewHold Investment Corp III is a blank-check company formed to effect an initial business combination with one or more businesses. It may pursue opportunities in any sector or geography and seeks businesses with an aggregate enterprise value of $700 million or greater.
Investment Focus
Industrial, Technology, Transportation, Logistics, Manufacturing, Robotics, Business Services
Key Information
As the filings state it
- IPO Date
- 2025-03-03
- PIPE
- $220M
- SIC
- 6770
- Completion Date
- 2026-09-22
- Merger Target
- NewCleo Ltd.
- SPAC Ticker
- NHIC
- Merged Ticker
- NWCL
Stock Performance
NWCLTrading symbol, and its price at each step since the first trade
| Point | Date | Price | Move |
|---|---|---|---|
| First Trade | 2025-04-17 | $10.00 | |
| At Merger | 2026-09-23 | $7.83 | -22% |
| Current Price | 2026-10-16 | $5.88 | -41% |
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The team brings operating, investing, financial and transactional experience; it has worked together at multiple operating companies and completed five SPAC business combinations, with broad sector knowledge and global capital-markets experience.