NewHold Investment II registered with the SEC to offer 17.5 million units at $10 each. A unit consists of one share of our Class A common stock and one-quarter of one redeemable warrant; whole warrants exercisable at $11.50.
NewHold II in the filing said it will seek to acquire one or more industrial technology businesses with an aggregate enterprise value of $700 million or greater.
The SPAc is led by CEO Kevin Charlton, co-chairman of NewHold Enterprises and CEO of NewHold Investment, a SPAC that is in a pending merger with Evolv Technology.
The SPAC has applied for a Nasdaq listing under NHLDU. Read more.
