NewHold Investment III (NHIC)
SPAC pursuing a combination with advanced-nuclear developer newcleo.
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Operates a blank-check vehicle that holds IPO proceeds in trust while pursuing a business combination. A signed deal would take advanced-nuclear developer newcleo public, but the shares remain those of a non-operating SPAC until shareholder approval and closing conditions are satisfied.
Operates as a Nasdaq-listed special purpose acquisition company with no commercial operations. Its work consists of holding IPO proceeds in trust and executing an initial business combination; management brings prior SPAC, private-equity, and industrial investing experience to sourcing and transaction execution.
Has signed a definitive combination agreement with newcleo, which develops liquid-lead-cooled modular reactors and mixed-oxide fuel made from reprocessed nuclear materials. The deal would replace NHIC with newcleo plc under the NWCL symbol, while the target's management would continue to run the combined business. Until closing, the security remains a redeemable claim on a shell company rather than an operating nuclear enterprise. Completion depends on shareholder approval and other closing conditions, and redemptions can reduce cash delivered from the trust.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $364.0K · Total debt $0 · Total assets $213.5M · Shareholders' equity $199.6M
- Revenue
- $0
- Operating income
- −$5.2M
- Net income
- −$3.3M
No dividends on record.
| Strategic holders3 holders · as of Nov 12, 2025 | 34.04% | 9.40M shares | |
| Otherremainder | 65.96% | 18.21M shares |
27.61M company shares as of Sep 3, 2026 · holders as of their latest filing
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
NewHold Industrial Technology III LLC1Strategic10 percent owner | 25.29% | 6.98M COMPANY | 13Gfiled May 15, 2025 ↗ |
Magnetar Financial LLCStrategic | 4.53% | 1.25M | 13Gfiled May 9, 2025 ↗ |
Barclays PLCStrategic | 4.22% | 1.17M | 13Gfiled Nov 12, 2025 ↗ |
Phil HorlockInsiderdirector | 0.00% | 0 | Form 4filed Apr 25, 2025 ↗ |
Brian MathisInsiderdirector | 0.00% | 0 | Form 4filed Apr 25, 2025 ↗ |
| See all 21 → | |||
- NewHold Industrial Technology III LLC's transaction reports restate only vehicles that traded; the 2025 ownership statement (6.98M) is used instead.
13D/13G — an ownership statement filed at 5% or more · Form 4 — an insider's transaction report
Insider tradesForm 4
Nothing filed in the last 12 months.
Not reported.