NewHold Investment Corp. III Business Summary

NewHold Investment Corp. III (NHIC) is a Special Purpose Acquisition Company (SPAC) that generates revenue primarily through interest income on the $201.25 million held in its trust account while seeking a target for a business combination. The company’s business model is centered on identifying and merging with a high-growth enterprise in the industrial technology and business services sectors, with a specific focus on "Industry 4.0" themes such as robotics, grid resiliency, and advanced logistics. NHIC operates within the capital markets segment, specifically the blank-check acquisition space, where it competes for high-quality targets against other sector-focused SPACs such as Churchill Capital Corp X, Cantor Equity Partners IV, and Bain Capital GSS Investment. Relative to its peers, NHIC positions itself as a value-add partner by leveraging its management’s deep operational expertise in industrial platforms to drive post-merger growth. The company is led by a seasoned executive team from NewHold Enterprises, including Chief Executive Officer Kevin Charlton, who previously served as Co-Chairman of NewHold and led the successful merger of NewHold Investment Corp. I with Evolv Technologies. The leadership team also includes President and COO Samy Hammad, a veteran in private equity and corporate operations, and CFO Polly Schneck, who oversees financial strategy across the NewHold platform. The board is chaired by Thomas J. Sullivan and includes notable directors such as Phil Horlock and Suzy Taherian, providing a mix of industrial leadership and financial oversight. NHIC is backed by a sophisticated group of institutional investors, including Magnetar Financial, D. E. Shaw & Co., and Hudson Bay Capital Management, reflecting strong market confidence in the team’s ability to execute complex industrial technology transactions.