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NHICU

NewHold Investment Corp III

NHICU

NewHold Investment Corp III • NASDAQ
$10.47 ▼ -0.19% (-0.02)
Market Cap $289.11 M
52w High $11.70
52w Low $10.02
Dividend Yield 0%
P/E 0
Volume 2
Outstanding Shares 27.24M

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 Income today is essentially a blank slate. As a SPAC, NewHold Investment Corp III has almost no operating revenue and only light expenses tied to being a listed shell company. The small swings in reported earnings per share mainly reflect listing costs, professional fees, and interest income on cash, not the performance of an underlying business. Profitability metrics are not meaningful at this stage; the real economic story will only emerge after a merger target is chosen and combined financials are available.

Balance Sheet

Balance Sheet The balance sheet is small and simple. Assets and shareholders’ equity are modest but positive, with no reported debt in the data provided. This is consistent with a SPAC structure: it exists primarily to hold capital and search for a target, rather than to run ongoing operations or own large physical assets. The lack of leverage reduces financial complexity for now, but the eventual merged company’s balance sheet could look very different depending on deal structure, any new borrowing, and how much equity is issued or redeemed.

Cash Flow

Cash Flow Cash flows so far are minimal and mainly administrative in nature. There is no sign of cash generated from a real operating business, and no meaningful investment spending, which again fits the SPAC profile. Day‑to‑day cash use likely reflects listing costs, legal and advisory fees, and ongoing corporate overhead. The key cash flow question is not past trends, but how much cash the SPAC will have available at closing of a transaction after any redemptions and deal expenses, and how the combined company intends to deploy that cash.

Competitive Edge

Competitive Edge Right now the “business” is its management team and deal strategy, not products or services. NHICU’s edge, if any, comes from its leadership’s experience in industrial technology, their relationships in the sector, and their ability to source and negotiate an attractive deal. The competitive landscape is crowded: many SPACs and private equity funds chase similar industrial and technology assets. That means the eventual competitive position will depend entirely on the target they acquire—its market share, customer relationships, technology, and ability to defend its niche. Until a deal is announced, the competitive profile is mostly potential rather than fact.

Innovation and R&D

Innovation and R&D NHICU itself does not run labs, build products, or spend heavily on research and development. Its innovation story is indirect: management has signaled that it wants to merge with a company operating in “Industry 4.0” themes—advanced manufacturing, robotics, sensors, logistics technology, grid resiliency, and related areas. If they succeed in acquiring a business with strong intellectual property, differentiated technology, and a clear product roadmap, then innovation and R&D could become central strengths of the combined entity. For now, the technology and R&D profile is unknown and will only be revealed when a specific target is named and disclosed.

Summary

NewHold Investment Corp III is a classic SPAC: minimal current operations, a very simple financial profile, and a strategy focused on finding a promising industrial technology business to take public. Current income, cash flow, and balance sheet data tell little about long‑term performance; they mainly confirm that the vehicle is clean, lightly geared, and pre‑revenue. The main strengths lie in the stated focus on attractive Industry 4.0 themes and the experience of the management team in industrial tech. The main risks are execution‑related: competition for high‑quality targets, the possibility of a less compelling deal under time pressure, potential investor redemptions at closing, and the uncertainty around what the eventual merged company’s economics, competitive moat, and innovation engine will actually look like. Until a definitive merger agreement is announced and detailed disclosures are available, the situation is best viewed as a pool of capital plus a strategy, not as an operating business with a track record.