NewHold Investment Corp III
NewHold Investment Corp III (Nasdaq: NHIC) is a blank check SPAC (Special Purpose Acquisition Company) sponsored by NewHold Industrial Technology III, LLC, formed to effect a business combination with one or more businesses. It raised $201.25 million in its IPO and has entered into a Business Combination Agreement with advanced nuclear technology company Newcleo Ltd., valuing Newcleo at approximately $2.4 billion pre-money, with the merged entity expected to list on Nasdaq under the ticker "NWCL."
“Will go public in the US via a SPAC deal with NewHold Investment Corp. III at a $2.4 billion valuation.”
Source→“Newcleo, a French nuclear reactor and fuel developer, agreed to go public at a $2.4b valuation via a merger with a SPAC called NewHold Investment Corp III.”
AI-extracted from podcast / newsletter / paper summaries. May contain errors.