NewHold Investment II closed its IPO of 17.5 million units, which list on the Nasdaq under NHICU.
The SPAC will seek to acquire one or more industrial technology businesses with an aggregate enterprise value of $700 million or greater.
Stifel was sole book-running manager of the offering. Cabrera, Maxim, Siebert Williams Shank, and AmeriVet were co-managers. The underwriters have an option to purchase up to an additional 2,625,000 units at the initial public offering price to cover over-allotments, if any. Read more.
