Logo

NHIC

NewHold Investment Corp III

NHIC

NewHold Investment Corp III • NASDAQ
$10.33 ▼ -0.29% (-0.03)
Market Cap $285.24 M
52w High $10.40
52w Low $9.86
Dividend Yield 0%
P/E 0
Volume 147
Outstanding Shares 27.61M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $0 $261K ▼ $1.911M ▲ 0% $0.07 $1.911M ▲
Q2-2025 $0 $269K ▲ $1.888M ▲ 0% $0.07 ▲ $-253K ▲
Q1-2025 $0 $267K ▼ $393K ▼ 0% $0.03 ▲ $-264K ▲
Q4-2022 $0 $490K ▲ $538K ▲ 0% $0.028 ▲ $-490K ▼
Q3-2022 $0 $351K $389K 0% $0.02 $-351K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $1.389M ▼ $208.786M ▲ $7.253M ▲ $201.533M ▲
Q2-2025 $1.567M ▼ $206.856M ▲ $7.234M ▲ $199.622M ▲
Q1-2025 $1.762M ▲ $204.964M ▲ $7.23M ▲ $197.734M ▲
Q4-2022 $986K ▼ $199.77M ▲ $6.966M ▼ $192.804M ▲
Q3-2022 $1.007M $199.347M $7.081M $192.266M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $1.911M ▲ $-178K ▲ $0 ▲ $0 ▼ $-178K ▼ $-178K ▲
Q1-2025 $393K ▼ $-442K ▲ $-202.256M ▼ $204.405M ▲ $1.707M ▲ $-442K ▲
Q4-2022 $538K ▲ $-905K ▼ $1.083M ▲ $-199K ▼ $-21K ▲ $-905K ▼
Q3-2022 $390K ▲ $-310K ▲ $0 $155K ▲ $-155K ▲ $-310K ▲
Q2-2022 $-75K $-435K $0 $0 $-293K $-435K

Five-Year Company Overview

Income Statement

Income Statement NHIC’s income statement is essentially blank at this stage, which is typical for a SPAC before it completes a merger. There is no operating revenue, no real operating profit, and only tiny swings in per‑share results from year to year. In other words, today’s financial performance tells you almost nothing about the future business; that will depend entirely on the company NHIC eventually acquires. The main takeaway: this is a financial shell, not yet an operating enterprise.

Balance Sheet

Balance Sheet The balance sheet is very small and simple, reflecting a shell company that hasn’t raised or deployed substantial capital yet in these historical periods. Assets are limited, funded almost entirely by shareholder equity, with no meaningful debt showing. That means there is effectively no leverage risk in the current structure, but also very little asset backing until the SPAC raises cash and closes a deal. The real balance‑sheet picture will change dramatically only after the merger and related financing are completed.

Cash Flow

Cash Flow NHIC shows flat, minimal cash flow activity, which aligns with a SPAC that has not yet started a real business. There is no operating cash generation, no investment spending, and no meaningful financing flows in the reported periods. Cash dynamics will only become important once capital is raised, a target is identified, and the combined company starts spending on growth or integration.

Competitive Edge

Competitive Edge As a SPAC, NHIC does not yet have products, customers, or a true competitive position in the market. Its edge, for now, rests mainly on the reputation and deal‑making ability of its sponsors and management team. The eventual competitive standing will come from the industrial technology company it chooses to merge with—its technology, customer relationships, and market niche will matter far more than NHIC’s current standalone profile.

Innovation and R&D

Innovation and R&D NHIC itself does not conduct meaningful research and development; it is a financial vehicle. However, its stated strategy is to acquire an industrial technology business aligned with “Industry 4.0” themes like automation, sensors, AI, data analytics, and smart infrastructure. The innovation story will therefore be entirely about the chosen target: its proprietary technology, data platforms, and ability to keep advancing its products. Until a deal is announced, all R&D and innovation expectations are based on management’s strategy, not on concrete operations.

Summary

NHIC is a classic early‑stage SPAC: no revenue, minimal assets, and no operating business of its own yet. Its future will hinge on whether management can identify and close a merger with a strong industrial technology company benefiting from automation and digitalization trends. The financials today are largely placeholders and do not reflect the eventual scale, growth, or risk profile of the future combined company. Key uncertainties include deal execution, the quality of the eventual target, and market conditions at the time of the merger. In short, this is currently a blank check aimed at Industry 4.0, with outcomes highly dependent on the next major transaction rather than current financial performance.