Initial Public Offering - The Company completed its Initial Public Offering on March 3, 2025, issuing 20,125,000 units at $10.00 per unit, generating gross proceeds of $201,250,000[114] - The net proceeds from the Initial Public Offering and the private placement totaled $202,256,000, which were placed in a Trust Account for the benefit of public shareholders[115] - The underwriters received a cash underwriting discount of $0.20 per unit, totaling $4,025,000, and deferred underwriting commissions of approximately $7,044,000[130] Financial Position - As of September 30, 2025, the Company held cash of $1,389,000 and current liabilities of $209,000, with deferred underwriting fees payable amounting to $7,044,000[116] - As of September 30, 2025, the cash held in the Trust Account was $207,212,000, to be invested in U.S. government treasury obligations or money market funds[122] - The Company has no long-term debt or capital lease obligations as of September 30, 2025[129] Expenses and Income - The Company incurred general and administrative costs of approximately $262,000 and $797,000 for the three and nine months ended September 30, 2025, respectively[118] - Other income for the three and nine months ended September 30, 2025, totaled approximately $2,172,000 and $4,989,000, primarily from interest earned on the Trust Account[119] Administrative Agreements - The Company pays $40,000 per month for administrative support under an agreement with an affiliate of its Sponsor[131] - The Company has not entered into any off-balance sheet financing arrangements or established any special purpose entities[126]

Initial Public Offering - The Company completed its Initial Public Offering on March 3, 2025, issuing 20,125,000 units at $10.00 per unit, generating gross proceeds of $201,250,000[106]. - The net proceeds from the Initial Public Offering and the private placement totaled $202,256,000, which were placed in a trust account for the benefit of public shareholders[107]. - The underwriters received a cash underwriting discount of $0.20 per unit, totaling $4,025,000, upon the closing of the Initial Public Offering[123]. Financial Position - As of June 30, 2025, the Company held cash of $1,567,000 and current liabilities of $190,000, with deferred underwriting fees payable amounting to $7,044,000[108]. - As of June 30, 2025, cash held in the trust account amounted to $205,054,000, which is to be invested in U.S. government treasury obligations or money market funds[114]. - The Company has approximately $1,762,000 of proceeds held outside the trust account available for operational expenses prior to the initial business combination[115]. - The Company does not have any long-term debt or capital lease obligations as of June 30, 2025[121]. Operational Costs - The Company incurred general and administrative costs of approximately $269,000 and $536,000 for the three and six months ended June 30, 2025, respectively[110]. - The Company entered into an Administrative Support Agreement, paying $40,000 per month for office space and administrative support[124]. Other Income - Other income for the same periods totaled approximately $2,157,000 and $2,817,000, primarily from interest earned on trust account assets[111].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-42541 NEWHOLD INVESTMENT CORP III (Exact name of registrant as specified in its charter) | Cayman Islands | 32-0781832 ...