NewHold Investment Corp. III (Ticker: NHICU US), a Cayman Islands-incorporated blank check company (SPAC), listed on NASDAQ on February 28, 2025. The company offered 17.5 million units at $10.00 each, raising $175.0 million. Each unit consists of one Class A ordinary share and one-half of a redeemable warrant. NewHold Investment Corp. III intends to acquire one or more businesses with an enterprise value of $700 million or greater, focusing on industrial technology businesses related to "Industry 4.0" themes like transportation, logistics, manufacturing, grid resiliency, and environmental services. The IPO was managed by BTIG.