NewHold Investment Corp III Closes $201.25M SPAC IPO, Nasdaq Listing

Nuclear Power
Nuclear Power
Initial Public Offering / IPO SPAC
Initial Public Offering / IPO SPAC

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NewHold Investment Corp III Announces Closing of $201,250,000 Initial Public Offering

New York, New York -- NewHold Investment Corp III (NHICU), a special purpose acquisition company, announced the closing of its initial public offering of 20,125,000 units at $10.00 per unit, including the full exercise of the underwriters’ over-allotment option.

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About newcleo

newcleo is an innovative nuclear energy company developing AMRs cooled by liquid lead, and nuclear fuel from recycled nuclear waste, with the goal of delivering abundant, competitive, low-carbon energy. The Company was founded by physicist-entrepreneur Stefano Buono following the USD 3.9 billion sale of his previous venture – Nasdaq-listed nuclear medicine company Advanced Accelerator Applications – to Novartis. With over $80 million in revenue, other income, and financial income in 2024 including from its operating companies, approximately $780 million in private funding, and more than 900 highly skilled employees across Europe and the 6 United States, the Company has built a network of over 100 industry partnerships and supports its growth through the targeted acquisition and vertical integration of key companies in the nuclear supply chain. Visit www.newcleo.com.

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