NewHold Shareholders Approve newcleo Merger
Nuclear Power
Merger Vote
Merger:
Sep 22, 2026
Industry:
FABRICATED PLATE WORK (BOILER SHOPS)
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NewHold Investment Corp. III Shareholders Approve Business Combination with newcleo plc
New York, NY - NewHold Investment Corp. III (NASDAQ: NHIC) announced that its shareholders have approved all proposals related to its business combination with newcleo plc at an Extraordinary General Meeting.
Approximately 93.4 percent of the votes cast were in favor of the combination, representing about 72.4 percent of NewHold's outstanding shares.
The transaction is expected to close on or about September 21, 2026. Following the closing, the combined company will operate as newcleo plc, and its common stock and warrants are expected to trade on the Nasdaq Stock Market under the symbols NWCL and NWCLW, respectively.
About newcleo plc
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.
