$NHIC

NewHold Investment Corp. III (NASDAQ: NHIC) and newcleo Ltd. filed a Form F-4 with the SEC on July 6, 2026 for their proposed business combination. The deal, approved by both boards, is expected to close in 2H 2026, subject to shareholder and SEC effectiveness. After closing, the combined company would operate as newcleo plc and list on Nasdaq as NWCL. newcleo expects up to $429M gross proceeds (PIPE $220M plus up to $209M from the trust).

newcleo said it agreed to acquire Bonifait Pesage, a French maker of nuclear-grade weighing and precision industrial scales, to strengthen vertical integration and secure equipment for planned MOX fuel manufacturing facilities. Bonifait Pesage generated about €2.1m revenue in 2025. Closing is expected in Q4 2026, subject to conditions.

The article says AI-focused IPOs and SPACs have slowed, while nuclear reactor deals continue. It cites X-energy’s public debut at nearly a $10 billion valuation after Holtec’s earlier IPO filing, and notes Hadron Energy’s SPAC merger and NuCube’s SPAC path to the public market, following newcleo. NuCube’s press release highlights differentiation via a relationship with Halliburton.

NewHold Investment Corp III (NASDAQ:NHIC) saw short interest fall in May, dropping to 2,362 shares as of May 15 from 7,321 on April 30, a 67.7% decrease, according to the report. Short interest is about 0.0% of shares, with a 0.4-day ratio. Weiss Ratings kept a “sell” rating. NHIC traded at $11.30 on Friday; it reported $0.03 EPS and $3.71M revenue for the quarter ended May 18.

NewHold Investment Corp III announced that starting April 17, 2025, investors who purchased units in its IPO will be able to separately trade Class A ordinary shares and warrants on the Nasdaq Global Market. The ordinary shares will trade under the symbol NHIC, while warrants will trade as NHICW, with combined units continuing as NHICU. To separate units, holders need to contact Continental Stock Transfer & Trust Company through their brokers.